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7.22 BTC market outlook interpretation
BTC started rallying from 65,000, rising more than 2,000 points. In the short term, the upside move has been relatively strong. After repeatedly pushing higher, the chart needs a technical pullback to digest profit-taking. Last night, it tested 67,000 and then fell back under resistance—this is just normal profit-taking, not a trend reversal.
The 4-hour MACD bullish momentum is gradually weakening, and the strength of the rally has slowed somewhat, but the moving-average bullish structure remains intact. As long as it retraces to support and stabilizes, there is still momentum for another push higher.
Trading reference: go long on dips in the 65,500–66,000 range, with targets at 67,000 and 68,000#BTC突破66000美元