bbcswxopen

BTC 7700, currently open sideways mode

Long
BITFINEX:BTCUSD   Bitcoin
Current BTC price is 7700 points
After experiencing a surge of $1,000 in 30 minutes.
After breaking short of an important pressure line, the BTC fell back into the triangle. And has been hovering near the pressure line.
This shows that the bulls are reluctant to continue entering the market at this price, which is normal because the price has soared by more than 1,000 points.
This sideways may last for 8-12 hours. If we do not effectively fall below 7300-7500 during this time, the price will still rise quickly and the market will pick up.
The current resistance is at 8050, 8500. The short-term goal is at 9500-9700. There will be a big correction in this position. You should get off at this location.
The long-term goal is 14000, 16300-17000.



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The first is my self introduction:
I am an ancient music heaven. A digital cryptocurrency enthusiast, I learned about Bitcoin in 2013, but it was not until January of this year that I officially started trading.
I like communication and analysis. I hope my analysis can bring confidence to everyone, of course, the US dollar.
What do not understand can come to QQ ask me, my QQ: 1030221494
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