Bitcoin rebounded near 68,884 last night, which is consistent with our layout expectations from yesterday morning. From a daily perspective, the entire market is currently consolidating in the 68,000-71,000 range, with the support zone becoming more stable. In oscillating market conditions, you can simply trade the short-term movements around pressure and support levels.
Bitcoin: Go long near 70,000-70,500, target 71,000-71,500 Ethereum: Go long near 2,130-2,140, target 2,200-2,220
Bitcoin rebounded near 68,884 last night, which is consistent with our layout expectations from yesterday morning. From a daily perspective, the entire market is currently consolidating in the 68,000-71,000 range, with the support zone becoming more stable. In oscillating market conditions, you can simply trade the short-term movements around pressure and support levels.
Bitcoin: Go long near 70,000-70,500, target 71,000-71,500
Ethereum: Go long near 2,130-2,140, target 2,200-2,220