Weekend, Bitcoin market analysis!
Yesterday, Bitcoin counterattacked by more than 1,000 points from low to high. The overall rhythm is still mainly in the form of shock consolidation. So far, the price has stayed around 69200, and the strength of the rebound is in line with the 69200-69500 area range we gave yesterday. , Hongtan is still holding... There will not be too many changes during the weekend, and the idea during the day is still to keep the previous view unchanged!
The structure failed to form a clear breakthrough. The short-term trend is still sawing within the range. The short-term high pressure position is still valid, and it is still near the suppression point of the downward trend line of the last rising and falling points mentioned above. Therefore, in the short term, it still moves around the range. What needs to be paid attention to now is whether there is a possibility of accumulating strength in the high level consolidation. In the short term, we will pay attention to the situation of breaking the level near 70,000. If it cannot effectively break the level and stabilize, we can just maintain the range view. The operation is mainly high.
Weekend morning tips:
Bitcoin: short-term 69300-69500 area, target 68500-68000 first, then 67000.
