BTC weekly analysis
$BTC weekly analysis (February 9 - February 16):
According to the chart filling strategy, the new 1-week lower shadow line is likely to be filled. Perhaps we can see that this short-term rebound still has a slight upward momentum—if that's the case, I will take advantage of this to short near the tail. A range may form.
1. The primary goal of pushing up the price is to liquidate short opportunities between $72000 and $77000. This is hypothetical. What is truly anticipated is that in the next few weeks, the lower shadow will be filled at least 50%.
2. However, if an upward trend occurs first, it may take about 5-8 weeks for the candlestick to be filled. Whether the price has risen above $74600 is no longer important, as a long lower shadow has already formed.#btc #eth