April 22: Bitcoin Breaks Key Level: As long as it stabilizes, it will return above 90K

Bitcoin's daily chart once again closed with a large bullish candle: The market has reached the predicted point of 88888 as expected. If the daily chart continues to close bullish above 87000 tomorrow, then the market will quickly return to 90K, reaching around 91.3K, which is also near the middle band resistance of the weekly Bollinger Bands. I reminded everyone during the video recording over the weekend that if the weekly chart closes bullish, then this week will reverse upward. Yesterday, we indicated that the northward movement at 86.8K was captured, but unfortunately, we just missed the opportunity to ride the southbound train: In the short term, pay attention to 88888 here, and I believe we can capture a short-term southward trade nearby. For now, focus on the daily 100 moving average below: as long as it doesn't break, you can pull back and go long. Once a one-sided market emerges, it won't easily end unless there is a black swan event.

Entry Strategy

Northward at 87800: Risk Control 560 Points: Target 1500-2000 Points: In the future, if it is strong, we can directly look at around 9.

If it goes up first, we can capture a short-term southward trade at 88888: If it comes down first, then there’s no need to execute that southward trade later.

The perfection of trading practice is not about conquering the market, but about finally understanding yourself. May every traveler in the market gain wisdom from the fluctuations and encounter calmness over time. 🌱