Bitcoin (BTC) market rebound? What are the future trends? How to operate?

Hello everyone, I am Xiaoyu. It's still customary to talk about Bitcoin (BTC) every day on weekends

Hello everyone, I am Xiaoyu. It's still customary to talk about Bitcoin (BTC) every day on weekends.

Recently, the net position in the BTC vegetable market has increased, and BTC has experienced a phenomenon of medium volume inflow into the vegetable market. Although there has not been any selling pressure yet, some profit groups are showing signs of selling out. At the same time, it is also necessary to pay attention to whether large investors use Bitcoin to increase margin or increase the liquidity of small market value projects.

BTC rebounded strongly last month, reaching a peak of 36000 and then retreating, continuing to fluctuate. At present, the market has slightly declined, but this may be the last time bulls have hit new highs and bottomed out. From the monthly K-line chart, it can be seen that the K-line has collected a large positive column, reaching a new high this year. Xiaoyu believes that it indicates a trend of continuing to break through upwards by the end of the year. But the top pressure of the BTC large range is still 36000.

Xiaoyu's suggestion: support orders around 34000-34200 within the day, with the strength at 34000, and the pin may reach the limit value of around 33800. On weekends, we can look for opportunities to enter empty spaces at two locations near 35200-35000.

Little Fish Reminder:There is a delay in the review of article releases, and the strategy is for reference only. Investment always involves risks. Friends should make decisions based on their own risk tolerance and investment goals.

If you have any questions about the above content, you can directly ask Xiaoyu. As long as Xiaoyu knows about it, he will definitely speak up!

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