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Bitcoin welcomed a rise in the early session, with a new round of highs ready to emerge.

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

On Monday, April 27, BTC experienced a rise in the early market. The bulls showed a step-by-step upward movement. From the previous bottom position of 67, I have mentioned being bullish, and every day along the way, it has been about the rise. Those who are familiar should know clearly. Those who are not familiar can look it up.

The weekly K-line price has currently broken through and closed above the middle track, which is enough to indicate that the bulls will continue to rise. Now it just needs time to convert space.

The four-hour K-line level continues to show a fluctuating upward trend, with prices rising step by step, accompanied by slight pullbacks that break new highs. Currently, the price has broken above 79 and is consolidating, so reaching above 80,000 is just a matter of time. As for those short positions at the bottom, it is advised to retreat as early as possible. Don't wait until you hit a wall to look back.

For the day, it is suggested to look bullish in batches in the 78500-78100 area, with a short-term target towards 79500 and a long-term target near 82000, personal opinion, for reference only.

Follow the public account, to resolve worries, only Jiang Wei, an analysis blogger with high emotional value, sharing trading teaching for free, bringing stable power and clear guidance in the restless trading market, traversing three cycles of bull and bear and years of trading practical experience, proficient in naked K, trends, Dow theory, Gann, harmonics, Chan theory, and wave theory, gathering into a unique personal insight.

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Selected Articles by 沐长青翻仓大师

4 days ago
Bitcoin is experiencing a strong rise, short-term outlook suggests a pullback.
6 days ago
The turning point has appeared, and a new round of BTC rise has officially started.
7 days ago
The bulls' celebration has ended, the bears take control of the universe, and Bitcoin welcomes the bear feast.
View More

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