Hello everyone! I'm your go-to Bitcoin analyst, Mi Ge! Today is Sunday, so I'll take two minutes of your precious time to talk about this reversal pattern in BTC. 💡Yes, you heard right, BTC has reversed! Many of the reversal indicators in MiGe's analysis method have been marked with a ✅⬇️ ✅After a period of accelerated decline, it completed its largest single-day rebound in recent times. ✅After a downward trend forms, specifically a white descending wedge, the price accelerates downward and breaks through the pattern, then rebounds sharply and returns to the pattern: this constitutes a false break. ✅The rebound exceeded the 23.6% Fibonacci retracement level. 🎯Let's talk about our goals: Target 1: 78-80k, this is the Fibonacci retracement level, which is also the location of the middle Bollinger Band on the daily chart. Target 2: 83.5k or 88-89k, depending on the strength of the move. The 61.8% Fibonacci retracement level here is also the upper edge of the linear channel that has formed on the 126k chart. Mid-term target 1: 105-110k, the upper limit of the large-scale oscillation range. Mid-term target 2: 126-133k, a high-liquidity zone above the previous high. 🔥Summary: I buy the dips in long contracts below 65k, and I am strongly bullish. Here, I would like to wish everyone good health and all the best. The children are on holiday, and I also wish all parents and children a wonderful holiday. —Love you all, MiGe❤️
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Trader米哥
@tradermige
剧本写好了,这次不改了。
钉板板上。
#BTC
The big one is coming. x.com/tradermige/sta…


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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