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1.5 Weeks of Bitcoin Silk Road at noon on Monday
After waking up, the price of Bitcoin surged to 93,000 as expected, which was a bit beyond expectations but also within the anticipated range. Those who follow me should know that I repeatedly emphasized that the 93,000 level would definitely rise.
From the 1-hour chart now, the upward momentum is gradually weakening, and both the KDJ indicator and RSI are in overbought zones. The Bollinger Bands are opening up, and technical indicators urgently need correction. Partners should be cautious about chasing the high.
Personal suggestion, for reference only (strictly set stop-loss)
Bitcoin can be bought around 93,500-94,000, with targets at 91,500-90,500.