Where is the mid-term target for #BTC?

📊Where is the mid-term target for #BTC?

🧠From a structural perspective, the bullish structure at the weekly and monthly levels is intact, so any increase is reasonable. We are approaching the target area of 132k-175.5k at the weekly and monthly levels. Please remember to lock in profits for spot trading.

➡️The weekly closing price is higher than the weekly resistance line, so the resistance line turns into a support line. If the price can return here again, you can look for bullish signals to participate in some long trades.

⚠️Short trading is a counter-trend trade, so we need to be cautious enough, and risk management is a must.

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