The small retracement on the surface of the market may be just a surface phenomenon with little impact
We are actually still in a bull market, and there is a breakthrough this month. 72,000 is not the end point, and its retracement position is just our starting point, which is better coordinated with our operations.
The overall trend of the day is definitely a small retracement. Looking at the 4-hour MA moving average indicator, as long as 69,000 is not broken, there is basically no problem returning to 70,000, and the possibility of continuing to hit 71,000 is also very high.
Next, Brother Chao is still optimistic about the direction of the army. In my personal opinion, you can choose to open a long position near 69,000-69,500, and reduce your position at 70,000-70,500 with a target of 71,000, and defend 68,200.$BTC
We are actually still in a bull market, and there is a breakthrough this month. 72,000 is not the end point, and its retracement position is just our starting point, which is better coordinated with our operations.
The overall trend of the day is definitely a small retracement. Looking at the 4-hour MA moving average indicator, as long as 69,000 is not broken, there is basically no problem returning to 70,000, and the possibility of continuing to hit 71,000 is also very high.
Next, Brother Chao is still optimistic about the direction of the army. In my personal opinion, you can choose to open a long position near 69,000-69,500, and reduce your position at 70,000-70,500 with a target of 71,000, and defend 68,200.$BTC