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Cryptocurrency News Video
5.25 Bitcoin market analysis: Bitcoin is bullish in the future. If it pulls back to the 64000-66000 range, add long positions again (Bitcoin contract trading) Commander
May 25, 2024 at 10:24 am 比特币军长
What is the trend of Bitcoin today? What is the Bitcoin prediction?
5.25 Bitcoin price today: The current price of Bitcoin is consolidating between 68,000 and 69,000. From the analysis of wave structure, there are two possibilities: one is an ascending five-wave structure, with a target range of 85,000 to 95,000; the other is a three-saw-tooth trend structure, with an upward target that may reach more than 100,000. Both structures have bullish follow-through.
From a morphological perspective, a short-term upward trend has been formed, and any pullback is an opportunity to enter a long order.
Bitcoin is currently at the 50% Fibonacci retracement level and may reach 618, which is around 64,800. If the rebound fails to rise directly, it may pull back again, which will be an opportunity to add long positions. If you miss out on Bitcoins below 60,000, the 66,000 to 64,000 range may be one of the few opportunities this year to intervene in long orders again.
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★Bitcoin market analysis video daily update blogger, the greatest pleasure in life is to watch the K-line, judge the market trend, and look for order opening opportunities.
★Trend Trader, publishes Bitcoin market analysis videos every day. Analyze all original works, not talking about theory, only practical operation.
★Use the wave theory to lead a group of friends to escape from the top at 65,000 in April 21, and to buy the bottom at 29,000 in July 21.
Jun Zhang focuses on digital currency trading and market sharing, and mainly relies on the wave theory to analyze the currency market. The wave theory can predict the cycle and amplitude of Bitcoin’s rise and fall, and has repeatedly verified the effectiveness of the wave theory in the currency circle. Welcome to join the Army Commander market exchange group for free, track market trends, and make money following the trends.
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⚠️ Important statement: The video is only for personal experience sharing and prediction, not investment advice. The market is changing rapidly, risks are everywhere, and investment needs to be extremely cautious. Market analysis strives to be objective and fair. However, the information and opinions contained in the article are for reference only and do not constitute any investment advice for you. Operations based on this are at your own risk, and the author of this video does not assume any responsibility. The trading decisions made by investors still need to be based on their own risk tolerance.
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