Post
--Bullish
73,000 turned to dust! Monday's violent raid begins, is the next target 80,000 US dollars?
Bitcoin (\u003cc-51/\u003e) is unstoppable, directly breaking through the key resistance level of $73,200!
Last night before the weekly closing, I clearly told everyone in my previous review article: 71,000 is the lifeline for bulls. As long as the weekly line closes with a long lower shadow, it is a prelude to a surge. Those who sold at a loss and hesitated clearly missed this opportunity.
Okay, let's return to today's topic and let the data speak.
I. In-depth analysis of the market: The value of this breakthrough is extremely high!
1. A light start after deleveraging: Last weekend's 73,000 flash crash precisely eliminated high-level long leverage. Today's surge in trading volume did not significantly increase, which is a 'volume contraction rise', indicating that the market's selling pressure has largely been released or exhausted. The main force only needs a little spark to ignite a big bullish trend.
Last night before the weekly closing, I clearly told everyone in my previous review article: 71,000 is the lifeline for bulls. As long as the weekly line closes with a long lower shadow, it is a prelude to a surge. Those who sold at a loss and hesitated clearly missed this opportunity.
Okay, let's return to today's topic and let the data speak.
I. In-depth analysis of the market: The value of this breakthrough is extremely high!
1. A light start after deleveraging: Last weekend's 73,000 flash crash precisely eliminated high-level long leverage. Today's surge in trading volume did not significantly increase, which is a 'volume contraction rise', indicating that the market's selling pressure has largely been released or exhausted. The main force only needs a little spark to ignite a big bullish trend.