Bitcoin trend analysis, early morning orders reach 27700, take profit and backhand short

Bitcoin made history and was known as digital gold, began to be sought after by major financial institutions and investors in the world and became the world's most popular investment product.

Yesterday, in range adjustment, long and short backhands cooperate with each other. As of this morning, the profit has become 3 orders at 1900 points. This morning, more and more orders are only profitable at 27000 and 27700, respectively.

12.30 Market analysis and trading plan: In the  morning, Bitcoin has climbed into the orbit of the Bollinger Band in a 4 hour period, and is facing a position of adjusted upper resistance in the last few days. If the market continues to adjust, this resistance level is relatively strong.

Trading plan: It is  recommended to take profit at 27,700 for long orders, short backhand and hold 28,000. The points see 27000 and 26500 take profits respectively.

The opinions above are for reference only and do not constitute investment advice. Investment is risky and you need to be careful when entering the market. Thank you for your continued support!

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