On the hourly chart, after the price touched 70,000, it quickly pulled back and adjusted. There is strong selling pressure above. Technically, the EMA weekly line has crossed below the monthly line again, forming a death cross, and both are above the price. The KDJ also shows a downward trend. It still needs to dip further before attempting to rebound. Partners, please be cautious when chasing the rally.
Personal advice, for reference only (strictly set stop-loss) Bitcoin can be traded around 67,500-68,500, with targets of 66,000-65,000.
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Friday, 2.27, Midday Bitcoin Silk Road
On the hourly chart, after the price touched 70,000, it quickly pulled back and adjusted. There is strong selling pressure above. Technically, the EMA weekly line has crossed below the monthly line again, forming a death cross, and both are above the price. The KDJ also shows a downward trend. It still needs to dip further before attempting to rebound. Partners, please be cautious when chasing the rally.
Personal advice, for reference only (strictly set stop-loss)
Bitcoin can be traded around 67,500-68,500, with targets of 66,000-65,000.