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Tuesday: Bitcoin continues to look at KONG!
Yesterday, we moved south near 7.03, perfectly showcasing a 2,000-point pullback—did you keep up with the pace? Currently, Bitcoin still faces significant pressure around the 70k mark. That’s exactly why we plan to position south at this level. This 70k line is the high point of yesterday’s rebound, meaning below this level, we continue to look at KONG!
On the daily chart, it’s still located below resistance, below the 50-day moving average, and the moving averages are also running downward. So, the southward move remains unchanged. The position is around yesterday’s high near 70k—just keep looking south!
Bitcoin’s next range is KONG from 6.95-70k, with a further look down to the 6.7-6.65 range! #Gate广场四月发帖挑战 #假期持币指南