$BTC The market has been moving quite fast, and the price action is strong. At least for now, it seems there shouldn't be too much of a problem above 90,000. 920 is a key level for the entire market cycle, a 50% retracement from 110000-74500, but currently it doesn't seem like it will reach that, mainly because there hasn't been a healthy pullback. After a sideways movement with divergence, it has risen. In the range of 861-823, it hit a low of 827, which is acceptable. Today, the current high is 88,800. If there isn't a good pullback here and it continues to rise, directly moving towards the 90,000 range, it will become very dangerous. If it reaches 90,000 and then pulls back to the 85,000 range for a retest, it could easily form a double top and turn down within about a week. The important time nodes are at the end of April and the beginning of May, especially to be cautious of downward fluctuations following a large bearish candle.
1oop_1oop
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This wave of increase can be seen from the weekly perspective around mid to late May, where there was a wide fluctuation upward. The price trend is roughly like this: 861-823-890-852-920-882-950. Let's see if we can predict it correctly.
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