Bitcoin continues to rise and reach new highs, indicating that the bullish sentiment has not completely dissipated. It can be regarded as the tail of the short-term upward trend, but there is still some room above. The market will evolve from a five-wave structure to a nine-wave structure, so short-term trading strategies can go long.
As shown in the picture, a better buying point is around 70200-70800. The upper pressure is 73000-74000.
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