BTC is under pressure and falling
Today, the daily level of the big cycle closed with a small positive line yesterday. The K-line pattern is continuous yin and yang. The price is below the moving average. The indicator in the attached picture is running downward. There is still a need for a retracement of the current price. The low point is in the 64400 area. , the high point moving average resistance position is near the 70,000 area, which is the price range point of today's focus; the short-period hourly chart yesterday's European trading time prices slowly rose and rebounded, the US trading continued without breaking high, the price retreated under pressure in the early morning, and opened today The support has rebounded, and it is currently testing the high resistance position, so don’t worry today. It is better to wait for the rebound to come under pressure before entering the market. Therefore, today’s BTC trading strategy: counter-draw short in the 70000 area, stop loss 70700, and target 68000-65000.
