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Analysis of BTC's recent market momentum

HTX:BTCUSDT   Bitcoin / Tether USD
It can be seen that BTC deviated from yesterday’s 30-minute rise, thus ending this wave of upward trend and entering a consolidation period.
However, in larger time zones, the rise has not stopped,
Therefore, it seems that there is a greater chance of rising when the correction ends.

The next rise will be take 2200 points as the difference,divided into two trends:
1. The rise exceeds 2200 → enters correction → continues to rise
2. The rise is less than 2200 → fall back to the current correction zone (15000)
※If the price declines here, please wait for new trends and patterns.

On the current trend looks, in operation when fall to buy long is the better choose:
1. Trend orders have less pressure and more support below
2. Better profit and loss
3. Avoid the risk of chasing high and falling sharply

If you want to buy the spot,it is recommended to wait patiently for a better price.
Such as 13000.11000.9000 etc.,
※This does not mean that the predicted price may fall to this point, is mean the profit-loss ratio and price of the spot buy at this price are better.

R3 17700-18000
R2 17000-17200
R1 16050-16300

S1 14600-15000
S2 14000-14200
S3 13650-13800

R1 is the first pressure, S1 is the first support, and so on

#Cryptocurrency market risk is high, please carefully assess operational risks
This analysis is a personal comment and does not have any investment advice, please refer to it carefully.

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