Real gold is not afraid of fire, and it is not afraid of a long journey!

Thursday's Bitcoin Late Market Analysis
$BTC $ETH
After Bitcoin fluctuated and fell back to around 67,000, the shorts did not continue, but stopped falling and rebounded to oscillate upward. The highest price of the currency reached around 68,000 and encountered resistance and fell back. The current situation is running around 67,700.

Although the intraday operation gave Bitcoin a way of thinking in the morning, the market rebound was weak. The direct suggestion during the session was to turn around and short, and it also took a thousand-point space. Later, the article suggested that Bitcoin could go down to touch the bottom support and go long around 67,000 to see a thousand-point rebound. The market also went up as expected, perfectly verifying the idea!

From the technical structure of the four-hour chart, the Bollinger three lines diverge downward, and the K-line does not continue too much when the long and short lines pull back below the middle track. The small cycle price still maintains a wide range of shocks in the middle of the box, but our general direction remains bullish, so the late trading operation is still mainly bullish around the low level. If the high level is not broken, consider going short and looking for a retracement.

For specific points, please refer to

Bitcoin is lightly traded near 67500, and the position is replenished at 67000, defending 800 points, and the target is 68300-68800 area. If there is no continuation, you can go short and look at a thousand-point retracement
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