8.20 BTC Silk Road$BTC
After rising to a high of 69867.9, resistance was encountered and the price pulled back. The candlestick closed bearish, the price fell below the middle band, and the moving averages began turning downward to suppress the price.
Below, the red MACD bars are fading and bearish bars continue to emerge. Short-term bearish momentum is being released, marking a pullback phase after a major rise.
A pullback to support is an opportunity!!!
Entry: 684-690
Stop-loss: 67800
First target: 70400; halve the position after breaking the previous high and trade for further upside
Second target: 73000
#BTC升破70000美元日内涨幅8.3%
After rising to a high of 69867.9, resistance was encountered and the price pulled back. The candlestick closed bearish, the price fell below the middle band, and the moving averages began turning downward to suppress the price.
Below, the red MACD bars are fading and bearish bars continue to emerge. Short-term bearish momentum is being released, marking a pullback phase after a major rise.
A pullback to support is an opportunity!!!
Entry: 684-690
Stop-loss: 67800
First target: 70400; halve the position after breaking the previous high and trade for further upside
Second target: 73000
#BTC升破70000美元日内涨幅8.3%






















