At the end of August, Bitcoin's price soared, jumping from 64 to 75 in just three days. The day before yesterday, I mentioned in a blog post that the target was gradually set at 72-75-8, and now the second target has been reached. At the current speed of the market, reaching the third target is just a matter of time. Below is an image with the truth. The golden September and silver October are about to arrive, prepare enough ammo for a beautiful comeback.

The weekly K-line has formed a large bullish candle, directly breaking through the mid-line, now heading towards the upper line to touch, and the upper line shows signs of upward movement, so in the future, the 80,000 and 82,000 levels may not hold. The signal is clear now, so avoid going short; instead, look bullish on the retracement, which is less stressful than going against the trend. There are still a few days left in this week, let’s see if the target can be confirmed, and we shall wait and see.

The daily level has repeatedly shown bullish candles, charging upwards with no resistance above. The nearest resistance is at the 82 level, so we can focus on around 82. The bullish trend looks daringly upward; the probability is high that the market will hover around 70,000 to 90,000 in the second half of the year. There’s much to say about the market condition; let’s see if it’s a mule or a horse. If you are still experiencing account shrinkage, it might be time to adjust, as there could be unexpected surprises.

The intraday strategy continues to look bullish around the 73,800-73,500 area, with targets set in batches at 75,000-80,000-82,000 levels. On a pullback, remain bullish. If you have sufficient position, look for both short-term and long-term opportunities; if not, it’s safer to be conservative.

Follow the public account, what can resolve worries is none other than Jiang Wei, a treasure analysis blogger with a full emotional value, offering free trading education. In the restless trading market, they provide stability and clear guidance, navigating through three rounds of bull and bear markets with years of practical experience. They excel in methods such as naked K, trends, Dow theory, Gann, harmonic analysis, and Chan theory, culminating in unique personal insights.

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