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Next, let's talk about Bitcoin$BTC
Bitcoin is strongly rebounding, with an orderly bullish arrangement. Multi-timeframe resonance.
After breaking and stabilizing above the 70,500 resistance, the gap above is at 76,000, and it will try to test it regardless. 74,500 is the dividing line between bulls and bears; although it is the dividing line, a quick breakthrough and stabilization only mean filling the gap, a daily-level rebound.
I mentioned in the live broadcast before that the limit is first to watch 70,500 / if broken, then watch 74,500 as the bull-bear dividing line / stabilize above the Fengshui line to fill the gap at 76,000. Then another move towards 80,000.
Complete the short squeeze thoroughly, which is a liquidation of the bears. A disguised bullish trap.
After completing the daily chart's reverse rebound, the second downward move on the daily chart begins📉
Breaking the 60,000 integer mark, hitting a new low.
All of the above are my personal analyses📈.
I warned multiple times at the start of the morning broadcast🔔 that a big move is coming.
As for how the market will move, we will watch and see. If quick, it could be completed this week✅
If slow, it might be completed next week✅
Let's witness this miracle together.
Opportunities are rare. Previously, I told you to hold medium- to long-term short positions at 97,777; if you missed it, I hope you can hold on to this wave.
See you later