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Bitcoin surged early this morning with increased volume, and a strong bullish candle directly touched the previously predicted resistance level.
Supported by positive news, the intraday strategy is mainly to buy on dips, with a short-term rebound targeting around 71800; if the price pulls back and breaks below the 71200 support, the smaller timeframe will shift into a correction. Downward support levels are at the 70000–69000 range, and pulling back to this area can be used to further establish long positions.
Until the 71200 support is effectively broken, the small timeframe remains bullish. The resistance above is at the 73800–74500 range, where short positions can be opportunistically placed. #特朗普同意停火两周 #WTI原油暴跌 #BTC突破71000美元 $BTC