Bitcoin allows you to go long at 66,700 and get it to 85,000. Do you dare?
6.16 Late Trading Strategy
Market Review
Today and yesterday, the trend of Bitcoin was relatively slow, so I didn’t make a layout for everyone. I was not idle either. I also read a lot of news about Bitcoin, all of which were about the development of future trends. Finally, I concluded that this year is a big year of the ox. Of course, the year of the ox does not rise every day. We still have to look at the annual K closing. This year, from the opening of 42,300, to the highest of 73,800, to the current 66,600, this year’s increase has exceeded 50%. At present, I dare not say that this year can triple to 120,000, but doubling to 85,000 is definitely very simple.
Trend Analysis
Above, I said that this year is a year of the ox, but it does not mean that we have to go long now. What we do is contracts, which means fighting between long and short. At present, we can see that the price of Bitcoin in the 1-hour market has also broken through the upper track of the Bollinger Band. There is no retracement yet, and the Bollinger Band has reopened, but it encountered obstacles when breaking through 66,800. This place is likely to form short-term pressure. MACD also caused the price of the currency to rise slightly after the bullish energy column in the afternoon. The three lines of KDJ are the opposite, shrinking downward. This shows that the rise of Bitcoin in the late trading is not very strong, and we try to focus on shorting in the late trading.
Operational suggestions
Bitcoin is currently priced at 66,700 and is directly short, with a target of 66,000-65,800 and a defense of 67,450
The market is changing rapidly, and the above strategies are for reference only, and are mainly based on real trading. Before the market comes out, the direction is just a guess, and you need to be cautious every time you enter the market.
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