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BTC may rebound and rise

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Yesterday, the price fell to the 65900-63500 range I predicted and then rebounded, but it has not yet broken through the important resistance level of 67200. Today's price trend is still unclear, and the market volatility is still small. At present, the focus is on the 67200 resistance level and the 65900 upper support level. If the price breaks through 67200, the short-term upside will continue. If the price falls back to the upper support level of 65900, it may rebound. In addition, the release of important news will also cause abnormal price fluctuations in the short term.

Trading suggestions: Buy directly when the price breaks through 67200, with a target of 67800-68000; buy when the price falls into the upper resistance level of 65900, with a target of 67000

The above trading suggestions are for reference only, and I will update the market analysis in my guidance group at any time
註釋
快照
BTC has fallen below the important resistance level of 65,900, and the downward trend will not change in the short term. At present, you can pay attention to the resistance range of 66,000-64,000, and you can sell when the price rebounds to this range. Target 65,000-65,200
註釋
快照
After the BTC price fell below the important resistance level of 65,900 on Friday, the lowest point fell to around 65,000 and is currently in a rebound phase. From the 60-minute chart, the 50-day moving average is running downward and the price is also below the moving average, which is an obvious bearish trend. Even if the price rebounds now, I am still bearish. The safest trading idea is to wait for the price to rebound to the resistance range and sell. Today, the price encountered obvious resistance when it rebounded to around 66,570.

Trading suggestion: Sell when the price rebounds to the range of 66,160-66,570, with a target of 65,400

The above trading suggestions are for reference only, and I will update the market analysis in my guidance group at any time
註釋
快照
From the daily chart, the price has fallen back to the 50-day moving average. In addition, the current rebound is very strong, and the price may rise again after falling back, so conservatives can wait and see how the price rebounds after falling back. Although the general trend is still downward, once it rebounds, the increase may exceed expectations. Perhaps wait until tomorrow when the price trend gradually becomes clear, and then make a more stable and reliable decision.
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