The highest weekly closing price of Bitcoin in history reached a new high of 123,500 USD! To be honest, after a rise over the weekend, it's hard to trade on Monday, because it always tends to rise ahead of working days, deliberately taking advantage of your absence for a sneak attack. Other alts are very weak aside from Bitcoin's new high, showing an independent market for Bitcoin.
If you want to wait for a pullback to go long today, which is Monday, you can pay attention to these support levels. Each support will see some rise, and the extent of the rise will be different. Moreover, if the market moves quickly, it’s all about who can run faster.
The first aggressive support for BTC is 122188 (after breaking through, it rebounded by 2000 points at the first touch, let's see if it can touch it a second time, but this position is very aggressive and easy to get trapped), the second good support is the psychological level of 120000, and the extreme spike support is at 118888 dollars, which is also a dense area of chips where a large number of shorts are trapped. Once the first spike touches, there will be a rapid upward rebound. #BTC The resistance level for BTC should be 125200 dollars, with an extreme at 130000 dollars.
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The highest weekly closing price of Bitcoin in history reached a new high of 123,500 USD! To be honest, after a rise over the weekend, it's hard to trade on Monday, because it always tends to rise ahead of working days, deliberately taking advantage of your absence for a sneak attack. Other alts are very weak aside from Bitcoin's new high, showing an independent market for Bitcoin.
If you want to wait for a pullback to go long today, which is Monday, you can pay attention to these support levels. Each support will see some rise, and the extent of the rise will be different. Moreover, if the market moves quickly, it’s all about who can run faster.
The first aggressive support for BTC is 122188 (after breaking through, it rebounded by 2000 points at the first touch, let's see if it can touch it a second time, but this position is very aggressive and easy to get trapped), the second good support is the psychological level of 120000, and the extreme spike support is at 118888 dollars, which is also a dense area of chips where a large number of shorts are trapped. Once the first spike touches, there will be a rapid upward rebound. #BTC
The resistance level for BTC should be 125200 dollars, with an extreme at 130000 dollars.