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After three days of decline, Bitcoin rose and stabilized last night. The recent market trend can be described as a small black swan trend. With Trump announcing the increase of tariffs, Bitcoin has entered below 80000 and stabilized around 78000. During these three days, the weekly and monthly gold points have not been supported, and it has been testing the bottom all the way. The good thing is that yesterday it stabilized and returned to above 85000. Many people are asking whether the bull market has gone or not, but in fact, it depends on the current price. The bull market has not yet gone. Only by falling below the starting point of the previous round. We will only move towards the position of 73000, but we haven't done so yet. Although the weekly level has broken, the monthly level still provides strong support. At present, 85000 is a hurdle and also the current pressure, it depends on whether we can stand firm.
From a technical perspective, the three waves of daily decline have already been completed, and we are going to enter the first wave of upward trend. However, looking at the weekly chart, we are still in a downward trend, with different levels and levels of reflection. However, there is no doubt that we will mainly focus on buying low and buying high in the next two days. Actually, finding a good position is still easy to make money. Yesterday, 79000 led everyone to bargain hunting and 85000 was eliminated. It can also be considered a good profit wave.
Operation suggestion:
86800, enter the air, defend
87800, target 82000
82000 to 81500, enter multiple defenses
80000, target 85500
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Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
