BTC Market: The Non-Farm Payrolls Are Coming, Bitcoin Strongly Rises, 100,000 is Not a Dream

Market Review:

After hitting a new low yesterday, Bitcoin rebounded strongly in the range, but most users in the large market are in a state of indecision. In such a market, it is not suitable to operate with medium to long-term strategies; rather, it is best to focus on short-term operations within a thousand points. After today's market, the overall price chips did not show a significant downward signal, indicating that the bears are relatively weak, and there is a greater price expectation to break through the demand for 90,000.

Market Technicals:

From the candlestick patterns in the main indicator, we can see that there is significant selling volume at 91,000, which is a strong resistance level. The daily price chart has not made multiple tests at the bottom, proving the importance of another attempt to breach 90,000. Therefore, at a higher level, we need to focus on this 90,000. If it can break through or stabilize, then 100,000 is not a dream. We should also look at the smaller price chip range of 88,600-89,000, which is a strong support level. It is advisable to position for a bullish trend near this area. Follow the orders for BTC 1207.

Bitcoin: Long at the 88,600-88,200 range, risk control at 600, target at 91,500 - second target at 94,800, then consider whether to short at this position #非农就业数据来袭 #特朗普签署行政命令 $BTC $ETH .

Director Dong has long been engaged in cryptocurrency market trading. For those who are still confused in their operations, it's a good idea to watch the teacher's strategies and videos. Real-time guidance is available online all day. If you find it hard to grasp short-term trading or have difficulty with medium-term strategies, you can follow my Weibo: Director Dong's Real-Time Cryptocurrency Insights. Everyone is welcome to like and follow.