Bitcoin rises as scheduled, stepping back and continuing to rece
Bitcoin fluctuated and fell back for many days, and it finally lived up to expectations within the day and rose as expected. If there is a fall, the untraded ones will continue to be more bullish and intervene. Bitcoin operation recommends buying at 27700, risk control at 27100, target at 28900, and 31600 if it breaks.
Bitcoin bullishness is based on the following:
1. There have been three waves of adjustments in Bitcoin’s high-level shocks, and today is the time window for bulls.
2. According to my personal analysis, it is still unclear whether the upward trend of wave C 1 is over. It mainly depends on the strength of the undertaking below today, but if it falls below 25300, it will announce the retracement of wave C 2.
3. The upper pressure is 28900~31600, and the lower support is 27700~27100.
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