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Market Outlook
Target of 76 reached, awaiting feedback in the 73,000 range
In our previous opinion, we pointed out that the short-term target of 76 has now been achieved, and after touching 76, the market experienced a small pullback to the 74 level, and is currently still oscillating around 74
I believe that if there is a pullback, the short-term support is around 73
If 73 does not break below, it is highly likely to continue rising in the short term to the 78-81 range
If it breaks below 73,000, it may return to the support at 70,400, and further support at around 69,000
The US stock market has been very strong recently, so Bitcoin has also been relatively strong lately. (US stocks are approaching new highs today)
If US stocks pull back near the new highs, Bitcoin may also pull back to the 73,000 level. Currently, it is believed that there is a high probability of holding above 73,000 and continuing to rise
This article is sponsored by #BCGAME｜@bcgame @bcgamecoin