8.4 Bitcoin bulls begin to counterattack, today's pullback boldly looks bullish.

CN
2 hours ago

No mountain is insurmountable, only people who cannot find the way. Holding a position is like two people pulling a rubber band; the one who is hurt is always the one unwilling to let go. There will always be a rough path, and there will always be a time of haze. Do not be resentful about past missed opportunities, and there is no need to sigh over distant landscapes.

Yesterday I clearly articulated a bullish perspective, which everyone can refer to. We accurately forecast a bullish outlook around 623, with goals gradually being realized. The first goal achieved is around 1500 points. Now that the price has bottomed out, it will definitely continue to maintain the bullish trend. However, do not blindly chase; later I will analyze the general bullish positions for everyone.

The Bollinger Bands on the four-hour level are beginning to show signs of turning upwards. The price is testing the upper band for pressure. To break through better, a period of accumulation is needed. Therefore, there will definitely be some pullbacks during the day as a testing momentum, and any retracement is an opportunity to look bullish.

For intraday reference, consider a phased bullish outlook in the 63300-63600 range, targeting the 64700 position. Once reached, we can aim for the 66100 mark, and the points are for reference only.

Follow the public account, how to relieve worries, it is only Jiang Wei. A treasure analysis blogger with high emotional value, sharing trading education for free, bringing stability and clear guidance in the restless trading market. With experience through three cycles of bull and bear markets and many years of practical trading, I excel in Naked K, trends, Dow Theory, Gann, harmonics, Chan theory, wave theory, and other technical analyses, gathering into unique insights.

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