BTC is likely to continue its upward trend
Updated
Yesterday, the price rose to the resistance range below 66100, and then broke through 66100 very strongly, which was contrary to my prediction that the price might encounter resistance to the rise, so I did not notify members to sell in the 65450-66100 range. From the daily chart, yesterday's closing was a small positive line with a long upper shadow, and then a large positive line appeared today, which is a signal of resuming the upward trend. If the price cannot set a new high again, the possibility of price decline still exists, because the price trend has turned very quickly in the past two days, and it is not ruled out that the price will fall sharply again. If the price does not fall below the 66370-67110 resistance range, it will rebound and continue the upward trend. If the price falls below the lower limit of the resistance range, the price may turn downward again.
Trading suggestion: If the price pulls back to the 66370-67110 resistance range and encounters obvious resistance, you can buy, with a target of 67800-68200
Note
The price fell below 67110 and then encountered resistance and rebounded. If the price hit a new high, the upward trend will continue.
Note
BTC fell below 67110 and encountered resistance before rebounding to reach my target price of 68000, winning again
Note
From the daily chart, BTC closed with a big positive line yesterday, and the price is likely to continue the upward trend. However, the current price is facing resistance below 68,500. If the price reaches the 68,500 resistance level, the price will continue to rise. If the price fails to break through 68,500 and hit a new high again, it is not ruled out that the price will fall again. At present, the focus is still on the 66,370-67,110 resistance range.
Trading suggestion: If the price falls back to the 66,370-67,110 range and encounters obvious resistance, you can buy, with a target of 68,000. If the price falls below 66,370, conservatives can wait for the market to show a clear trend before opening a position
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