Bitcoin's daily rebound has entered the second half of the cycle, and it will be sold again next week. Keep an eye on the selling points

The US dollar index unexpectedly strong, rebounding to consecutive new highs; The rebound of Bitcoin has been quite bumpy, and it has never been able to stand firm at 28000, but the point where it should reach will still be explored.The previous article analyzed that there is a high probability of a three wave upward trend in the daily rebound of the pancake, and based on the current trend, four hours should be a rising center

The US dollar index unexpectedly strong, rebounding to consecutive new highs; The rebound of Bitcoin has been quite bumpy, and it has never been able to stand firm at 28000, but the point where it should reach will still be explored.

The previous article analyzed that there is a high probability of a three wave upward trend in the daily rebound of the pancake, and based on the current trend, four hours should be a rising center.

Daily trend

The current stage is to form the fourth four hour decline, which should continue until the end of this week, with a focus on 26900.

Four hour trend

The target for this daily rebound is still 29000, and there is a lot of room for future daily declines. The target is 23300 first.

The above is my personal opinion and is for entertainment only.

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