Crazy, crazy! Bitcoin is stepping on the gas and charging straight to 80,000! The bull market is just too powerful~Unfortunately, gold is still short by a little
1、While we were editing, $BTC surged all the way to 79,000! Today it may still test 80,000 again. If it continues to break out strongly, the next move could go straight toward 82,000 or even 85,000. So if you like shorting, you can pause for now~Based on our bullish-buying approach on bull-market pullbacks, support is around 76,000 and 74,200. If the market stabilizes, you can try going long to catch the bounce.
2、Now let’s talk about gold. Unfortunately, last night it was just a little short of hitting the first target! After dropping to 4,454, it quickly surged again. Feeling like it was still going to rise, I closed the short near the entry price. Right now, resistance is at 4,600 and 4,680. On the downside, see if it can pull back to around 4,550—pullback-and-long is perfectly fine~
1、While we were editing, $BTC surged all the way to 79,000! Today it may still test 80,000 again. If it continues to break out strongly, the next move could go straight toward 82,000 or even 85,000. So if you like shorting, you can pause for now~Based on our bullish-buying approach on bull-market pullbacks, support is around 76,000 and 74,200. If the market stabilizes, you can try going long to catch the bounce.
2、Now let’s talk about gold. Unfortunately, last night it was just a little short of hitting the first target! After dropping to 4,454, it quickly surged again. Feeling like it was still going to rise, I closed the short near the entry price. Right now, resistance is at 4,600 and 4,680. On the downside, see if it can pull back to around 4,550—pullback-and-long is perfectly fine~
