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🔹Reviews from Cognitive Society
Bitcoin rebounded to a high of 69,000 on October 19 and there is a big discrepancy between the pressure point of 70,000 in yesterday’s article by Cognition Society
Bitcoin's highest rebound point of 68,500 on October 18 coincides with the pressure point of 68,200 in yesterday's article by Cognition Society.
Bitcoin 69,000 triggered a four-hour top divergence. This level of top divergence will continue to be bullish if it falls back to 66,600. The ideal way to play is for Bitcoin to consolidate from 66,600 to 70,000, with repeated top divergences and sharp drops, and use sideways fluctuations to consolidate.
Bitcoin's strong sideways fluctuations have not changed, and Ethereum's weak consolidation has not changed. It is really weak that it has not been able to stand firm at 2720. The cottage industry still has not seen a surge in the general level. The most important reason is that Ethereum is weak and lacks a leader and hot spots.