The strong rebound directly pressed the shorts down and rubbed them on the ground, with 80,000 becoming an iron bottom, directly leading to a series of daily gains!
Last week, the worst situation was around 80800, where there was a bloodbath, with everyone saying "it's over, it's going to zero, we'll see 75K," but what happened?
This week, it directly shot up to around 92000, with shorts being liquidated for over 1.2 billion USD, and I could hear the wailing of the entire network even through my screen!
The orange circle’s four bottoms + the downward trend line were violently pierced tonight, expecting to break through the pressure trend line, with MACD red bars exploding three times, RSI soaring from the oversold zone at 30 to 65, and the trading volume was 3.7 times that of last week’s bottoming, the bulls declared takeover of the market!
If it can stabilize around this area, there is a chance to break through to around 96,000, where if $BTC stabilizes at 96K = 100,000 is certain.
Recently, if it pulls back to around 88000, the opportunity will be relatively large, overall we first look to see if it can stabilize around this area, and then look at 96,000 and 100,000, for now, the overall view is still mainly on rebound fluctuations!
