#BTC# As the week draws to a close, the market has also ushered in the closing phase of the week. The following is a review of this week's market and analysis of the market outlook. Bitcoin gradually stabilized after retracement to the 83900 line at the beginning of the week, and then started an upward trend and continued to regain lost ground. After a two-day rally, Bitcoin encountered strong resistance below 95,000 and entered a period of consolidation under pressure. After a period of consolidation, Bitcoin once again stabilized and rose again, and managed to break through new recent highs at the end of the week, rising as high as 95748. Judging from the performance of the whole week, Bitcoin showed a clear bullish trend, with a cumulative increase of more than 10,000 points, and the market fluctuated violently. From a large-level technical analysis, Bitcoin is still in the stage of gathering momentum. In the early stage, a large number of profits have been accumulated, and it is normal for short-term contraction shocks. The operation is still mainly high-altitude, 94500-95000 is better to enter, with a good stop loss, and the large level is seen to be around 88000 and then 83000

BTC0.42%
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