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Bitcoin's long-term perfect finish at 5,000 points. Can the market continue to rise in the future? Aiming for 76,000?

CN
沐长青翻仓大师
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4 days ago
AI summarizes in 5 seconds.

Bitcoin maintained a slight fluctuation in the range of 68000-69000 during the day yesterday, and after the U.S. stock market in the evening, the price dipped to around 67700, just reaching our bullish opportunity. After the dip, it gradually rose, surging to a high in the overnight early session, with the price directly hitting around 72500, perfect profit-taking for the bulls.

Long trends are rare and require the right timing, location, and harmony among people. Jiang Wei is very lucky. In April, he perfectly completed a long-term trade of 5000 points, as well as a medium-term 3500 points. There should be applause here👏👏👏 The next phase of long-term trading is approaching. Let’s see who the fortunate person is?

The current technical structure shows a double top above, and after reaching the high, a slight pullback should occur, so there is no need to blindly chase the rise. The trend remains bullish, with the bottom support around 70300. One can wait for the right opportunity. If it retreats between 70300-69800, still bullish, and if it stabilizes above 72, then we can look for 76.

Follow the public account, to relieve worries, there is only Jiang Wei, a treasure analysis blogger whose emotional value is fully charged, sharing trading education for free, bringing stable strength and clear guidance in the restless trading market, traversing three cycles of bull and bear markets and years of practical trading experience, specializing in naked K, trends, Dow Theory, Gann, harmonics, Chande, wave theory, and other technical analysis, gathered into unique personal insights.

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Selected Articles by 沐长青翻仓大师

1 day ago
The Friday evening market welcomed an increase, and prices will continue to break through and rise next week.
2 days ago
4.10 Bitcoin continues to fluctuate and rise, the trend has formed, and any pullback is a buying opportunity.
3 days ago
4.9 Bitcoin high-level consolidation, it is recommended to maintain a high short and low long strategy.
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