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#美国贸易赤字扩大 BTC Price Trend Observation (1.19):
Recent news has caused a wave of pullback and shakeout. Whether it will further develop due to changes in the trade environment remains to be seen. However, based on the candlestick performance, I am still somewhat optimistic—
Firstly, the price continues to move along the upward trend line without deviating from the expected trajectory. Secondly, the effective support level of this pullback has not been broken, corroborated by previous resonance points, indicating that the bullish foundation is still intact. I tend to believe that a second test of this area will again find support.
Trading idea: The 300-point range between 919-922 can be bought in batches, with a stop loss set at 91600. If the market proceeds smoothly, the target is 94.
Risk warning: If the trade situation continues to worsen and breaks below the 90500 support, caution is advised, as it may indicate the end of this upward cycle. $BTC