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Where the heart points, everything flows smoothly.
Bitcoin twice surged to 76k, and both mid-to-long-term attempts reached perfectly!
The mid-to-long-term outlook continues to target the 76k-78k range, with synchronized momentum!
Facing pressure and a pullback is normal; as long as it’s a regular correction, after a short-term buildup and adjustment, it will inevitably surge again.
The first resistance at 76k caused a pullback, with a relatively large decline, leading the entire market to break below 70k. The main factor was the increasing risk aversion.
The market rebounded from around 65k, with the support system continuously moving upward. Clearly, since April, support has solidified from 68k to 70k.
Meanwhile, the first failed negotiation led to a dip back to 70k, then a rebound relying on the 70k support, and under positive stimuli, it sharply recovered to around 76,000.
Even though today, Wednesday, faces a correction, the support at 73,000/70k remains firm. Even if it breaks down, the biggest possibility is a range-bound oscillation. At least for now, it’s at the upper edge of the range, gradually showing signs of a breakout.
Therefore, the mid-to-long-term outlook remains promising; your persistence is the best outcome.