The Bitcoin daily line has already had four consecutive ups, and the trend remains very strong. The hourly line is also continuing a slow upward rhythm. The short sellers are suffering greatly, as there is no sign of a decent pullback. Recently, Bitcoin is expected to reach a historical new high. If you still hold short positions, it is recommended to manage your risk well!

I expect that at 8 o'clock when the daily line closes, it will pull back to around 109000, which will start a new round of upward movement!

Therefore, friends with no positions can try to place buy orders around 109000 for $BTC .