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BTC has begun to fluctuate, which is also what we have been saying about starting the adjustment. Now it depends on whether we will use space for time or time for space to start the adjustment. However, regardless of which method is used, we must patiently wait for the opportunity to adjust during the pullback!
In terms of the four-hour structure, it is still a golden cross upward bullish arrangement. The price is now gradually approaching the moving averages to reduce the deviation ratio, but the bullish trend has not changed for the time being. We should patiently wait for adjustment opportunities. If the adjustment is using space for time, we still need to keep an eye on the support around the previous low point of 83000. If the adjustment is using time for space, it means that it continues to resist falling at a high level. In that case, the subsequent market may start to exert strong force, and at that time, we can continue to follow the trend and go long!
Monday BTC evening suggestion:
Long on the pullback at 84000-83500, and target the range at 86500-87000! #BTC #ETH