Crazylambboy

Bitcoin under pressure, waiting for the bears to enter

Long
CME:BTC1!   Futures Bitcoin CME

Bitcoin has reached the lower edge of the pressure area yesterday. If it is under pressure, there will be a wave of retracement in the later period. Today, it still maintains a high-altitude thinking. It is not ruled out that there will be high points in the short term, but it will remain high before the pressure area train of thought. Bitcoin operation recommends selling at 23900, risk control at 24500, target 22300~21500.

Bitcoin bearishness is based on the following:
1. Although Bitcoin has reversed and adjusted midway, the overall trend is still seen as a gradual decline after the top is built.
2. The upper pressure is 23900~24700, and the lower support is 22300~21500.


Friends are welcome to discuss together, I will give analysis every day for your reference

BTC1!
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