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Northward is endless, southward has already turned to dusk.

CN
沐长青翻仓大师
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9 hours ago
AI summarizes in 5 seconds.

On Monday, the price of Bitcoin saw an increase, rising directly to around 69,500, which justifies the recent bullish outlook. Currently, there is slight pressure after the price increase. However, this isn't a significant issue; after a pullback to gather strength, it should continue to break through upwards.

The four-hour candlestick chart forms a strong bullish candle, directly breaking through the previous high. The price is now consolidating at this position; whether it will continue to move sideways before pushing higher, or pull back to gather strength for another upward move, is only a matter of time. Since it has reached this position, an increase is inevitable, just like I mentioned earlier, "Northbound with no end, southbound already at dusk."

So, looking to buy on a pullback in the 68,600-68,200 area today, aiming for a target of 70,000-72,000 in batches, the levels are for reference only.

Follow our public account, for what's troubling the heart, only Jiang Wei can solve; a treasure of an analysis blogger with high emotional value, providing free trading education, bringing stability and clear guidance in the restless trading market, traversing three rounds of bull and bear markets and years of practical trading experience, proficient in naked charts, trends, Dow theory, Gann, harmonics, Chan theory, Elliott wave theory, and other technical analyses, synthesized into unique personal insights.

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Selected Articles by 沐长青翻仓大师

5 days ago
4·1 Bitcoin fluctuates upward, bullish outlook remains unchanged, aiming for 70,000 this week.
6 days ago
March 31 monthly line concludes, Bitcoin shows a trend to probe the 70,000 mark.
7 days ago
Bitcoin has corrected and reached a bottom; it needs to rebound during the day.
View More

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