In the early morning, Bitcoin surged all the way to 112300 points, and Lingxin's strategy also captured a space of 3000 points in one go. This wave of market prediction was simply ‘measured by points’! However, after the surge, there was no greed; the market entered a slight correction as expected. The 1-hour K-line shows that after the price broke through the upper Bollinger Band, it encountered resistance and fell back. There will be a small correction in the short term, but this is all part of the ‘gathering strength’ after the breakout.
The medium to long-term trend is the key—pressure levels have been broken, and the upward channel is completely opened. The pattern of oscillating upward is clear, so the operating strategy should still be primarily to buy on dips. As long as the price does not break below support on the pullback, decisively go long, and keep up with this upward rhythm.
It is recommended to buy around 109800—110500 on the pullback, with targets of 113000 and 115000, looking for a breakout. $BTC #比特币远古巨鲸持续出清