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May 3rd Bitcoin Review
Choosing the right direction, every subsequent step is a gift
Silk Road is clear and definite
Upper core resistance locked at 78,800-79,500
If unable to break through effectively, the current oscillation pattern continues
If able to break through effectively, upward space opens, and the bullish trend continues
Below, support is given at the 78,000 integer level
A stabilization and rebound can be used to strategically place long positions to catch the rebound and close the position
Actual market trend
Started near the support level at 78,027
The first wave upward to 78,850, then entered consolidation
The second wave upward to 79,428, then faced resistance and pulled back near the support at 78,235, both resistances were effective
On the morning of the 4th, the market stabilized again at the lower support, starting from 78,235, and has now risen to a high of 80,590, with over 2,000 points gained.
What is top-level prediction?
It’s not about demanding to fully capture every market move, but the core is never to be disappointed
All pre-determined judgments will be fulfilled by the market as scheduled.
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