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Happy National Day, may the motherland prosper and thrive.
The eleventh day opened with a bang, a simple short position of over 600 points.
The Bitcoin is still in a rebound repair pattern, and the price should continue to break upwards in the future. Looking at the daily chart on a larger scale, it is now firmly above the middle track and has closed positively. The previous bearish candle has eliminated its lower shadow and has not fallen below the middle track as expected, indicating that the bulls are still very strong. Therefore, today I will continue to watch for a dip to buy.
Intra-day, you can look to buy in batches around the 114000-113700 area, with the target continuing to look up at the 116000 level #BTC #ETH