
Bitcoin tested the 72 level yesterday but faced pressure and fell back, indicating that there is some resistance above. It is normal for the price to consolidate and gather strength in order to continue breaking through.

Yesterday, Jiang Wei was bullish at the bottom, with short-term moves over a thousand points. Now looking at the technical structure, the four-hour K-line is pulling back and the low is rising, indicating that an upward trend is in progress. The daily K-line is also operating in the upper middle track, and the price pulling back to the middle track presents a bullish opportunity for us.
Today's strategy is to look bullish during the pullback to the 70400-70000 level, with targets aimed at 72-74-76, to be viewed in batches. The levels are for reference only.
Follow the public account, 'How to Solve Worries, Only Jiang Wei.' A treasure analysis blogger with high emotional value, sharing trading teachings for free, bringing stability and clear guidance in the restless trading market, navigating through three cycles of bull and bear markets and years of practical trading experience, specializing in naked K charts, trends, Dow Theory, Gann, harmonic patterns, Chande Theory, wave theory, and other technical analyses, gathered into unique personal insights.

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