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#周末行情分析 Weekend Bitcoin price rally lacks sufficient reasons; decline is well-founded and unnecessary!
Daily Level: Coin price pulled higher then reversed, liquidating longs, replaying the script from around 1.15, in terms of pattern the upper wick yesterday approached the 74,000 vicinity where a double top has formed. Currently the 70,000 integer level has become a key node; breaking below this level would push coin price back into a shock-driven downtrend pattern.
Overall, buying action needs to focus on the 70,000 integer level's gains/losses. Selling into strength should be prioritized!!
Upside: Initial resistance watch 72,000 integer level, further resistance watch Bollinger Band upper rail near 73,480.
Downside: Initial support watch Bollinger Band middle rail near 68,535; further support watch Bollinger Band lower rail near 63,591.