8.6 Bitcoin rose overnight, confirming bullish signals, and after a pullback, a significant increase can be expected.

CN
1 hour ago

Celebrate Celebrate 🎉🎉🎉

Yesterday, Bitcoin surged overnight to the 65,000 mark, validating the bullish mindset once again. If you are on the right track, it's hard not to make money; even if you follow my strategy daily, steadily making gains, subtracting for error margin and with our 80% win rate, accumulating over time will certainly yield results. Don't keep complaining about the market being poor; opportunities are actually right in front of you, it's just that you haven't noticed them.

On the four-hour level, the price is still maintaining a fluctuating upward trend. Although this rebound didn’t continue, it is because the bottom moving average indicators couldn’t keep up, resulting in a lack of support at the bottom. Now, for the price to break through, consolidation is still needed to allow time to convert space.

On the daily level, the price closed above the middle track, and the auxiliary indicator is rising with less volume, with clear signs of an upward trend. Now, we just need to wait for a slight pullback to enter a bullish position; the bullish mindset below can be referenced.

It is recommended to look for bullish positions in batches around the pullback area of 64,000-63,700, aiming for a breakthrough at 65,200 and looking at the 66,200 position. Depending on the situation with space available, it's reasonable to clear positions appropriately.

Follow the public account, "What can relieve worries? Only Jiang Wei," a treasure analysis blogger full of emotional value. Free sharing of trading education, bringing stability and clear guidance in the restless trading market, traversing three rounds of bull and bear markets and years of trading practical experience. Proficient in naked K, trends, Dow theory, Gann, harmonics, Chan theory, wave theory, and other technical analyses, gathering into unique personal insights.

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