Analysis of BTC's recent market momentum

In the 4-hour chart, you can see that the increase this time exceeded the 2200 points expected last time (analysis on the 7th).
It happened to be around noon yesterday, when a deviation occurred at the 30-minute level and ended a new round of rising.
Therefore, the trend in the next few days is about to enter a period of relatively volatile consolidation.
On the whole, it is still long, so when the consolidation is over, there is still a greater chance of rising.


The next rise will be take 2500 points as the difference,divided into two trends:
1. The rise exceeds 2500 → enters correction → continues to rise
2. The rise is less than 2500 → fall back to the current correction zone (17XXX)
※If the price declines here, please wait for new trends and patterns.

On the current trend looks, in operation when fall to buy long is the better choose:
1. Trend orders have less pressure and more support below
2. Better profit and loss
3. Avoid the risk of chasing high and falling sharply

R3 20150-20650
R2 19000-19200
R1 18250-18500

S1 17600-17700
S2 17000-17200
S3 16050-16300
S4 14600-15000

R1 is the first pressure, S1 is the first support, and so on

#Cryptocurrency market risk is high, please carefully assess operational risks
This analysis is a personal comment and does not have any investment advice, please refer to it carefully.