Bitcoin Weekend Brings Great Wealth

Bitcoin recovered over the weekend. Will the US stock market break through the 100,000 mark again when the market closes on Monday morning?

On Saturday, the big cake gave the bulls a chance to think, and there was also a favorable space of 1,300 points. Although it was not fully eaten, it was OK to eat the middle position on the weekend. If the fish head and tail could not be eaten, then the fish body could be eaten.

At the current daily level, the big cake also closed with a cross star. The highest point above was also inserted at around 98,800, and the lowest point below was inserted at around 97,500. The support level focused on the MA14 below. If it falls back, you can consider entering the market with a long order. The upper pressure level focused on the MA30. If it breaks through, it can look up to around 99,500. At present, the MACD short-selling shrinking pattern has formed a golden cross. From the daily line, it is still in a bullish trend.

From the four-hour level, the lower support level is MA120, and the Bollinger band is in the middle and upper track running state. If it falls below 97,500, it will step back to enter the market with a long order. The MACD long-selling shrinking double lines are glued together. The short-term trend may be stronger. The short-term support focuses on the 4-hour MA256 daily average, which is 9.78. It is recommended to step back and try to go long.

For Bitcoin, long positions are arranged around the 975-978 range. If it breaks through 99300, it can continue to rise to 99800. If it breaks through, it will look at the 100000 mark.

For Bitcoin, there are many positions in the 3580-3600 range. Judging from the recovery of Ethereum's weekend market, there is still room for growth. Pay attention to the breakthrough of 3720 and look at 3750-3800$BTC