The weekly K chart rose from 85k to 95k, closing at 937, an increase of 10,000 points in one week. This weekly K chart looks quite good; it will continuously test resistance above. It seems like it aims to test 100,000, with resistance at 96,600. Here, breaking through will lead to a run towards 100,000.
This week on Wednesday, we have ADP employment numbers; on Thursday, unemployment claims; and on Friday, non-farm payroll data. In the short term, it looks like we will consolidate between 92k and 96k, with a focus on the trend that comes out from the non-farm payroll data on Friday.
On the daily chart for Saturday, there was a slight drop over the weekend, with a relatively strong session on Monday, directly rebounding. In the short term, it looks like there will be another push; we’ll see if it can test 96k to create a double top. Recently, the U.S. stock market has also been quite strong, and the market will adjust itself. A crash can happen in an instant; continue to short.
For Bitcoin, clear shorts around 95,700, add defense at 96,500, and guard at 96,800.
↓ Looking at 94,600/93,100.