#BTC Bitcoin has returned above 780, with the trend shifting from weak to strong. Before the rate announcement, the high point was pushed up to 782, and a break below that directly reached 790. And 790 is a slightly strong resistance level, unlikely to be broken easily, and when approaching it, a pullback was given, followed by oscillation and consolidation. Although it did not break 790 last night, based on the current closing pattern, the daily chart will still close at a high level, so the bulls will continue to test the resistance above. If it pushes above 790, then the 80k integer level will be within reach.



Overall, the trend structure has been an upward parallel channel on the daily chart recently, but on the day the Federal Reserve announced, it fell out of the upward channel. It has now rebounded to a high level, even breaking higher. Although there is still heavy selling pressure above, market sentiment is high, and capital inflows continue. This wave is the third upward attempt, and the third wave is the most promising, with a break to 8.2 to 8.5. If all three attempts fail to break through, the trend will turn weak, and it may go down to 7.2 or 6.8. Currently, the possibility of breaking upward is higher. A pullback is imminent.

Between 780 and 776, watch for 8.05 to 8.15. #美国寻求战略比特币储备
ETH1.43%
BTC2.24%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin