$BTC Positive news from the US and Iran has triggered a rally, with current resistance still around 72,000. Short-term support below is focused at 71,000.



If the price can hold above 71,000, there is still a need to test higher resistance levels.

Tonight's US stocks are likely to open higher, which may drive Bitcoin further upward.

However, my personal view is that as long as it cannot effectively break through 74,000, the upside potential will be limited. The medium- to long-term strategy remains mainly to short on rallies.

The weekly MACD downward momentum has shown signs of exhaustion and is not far from the bottom. In terms of spot trading, consider gradually entering positions after the price drops below 60,000 and stabilizes again.
BTC3,93%
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