The United States has attacked Venezuela and captured President Maduro. This news is now overwhelming, and many people believe that geopolitical influences will lead to a decline in virtual currencies. However, this is not the case; we should still observe the market.

Previously, the price of Bitcoin had been fluctuating within a range, but unexpectedly broke the range on Sunday. The current price has stabilized above 91,000, and this has driven the Bollinger Bands upward. The previous resistance point at the 90,000 range is starting to convert into a support level, including on the daily chart, where the candlestick has stabilized above the upper band. Therefore, this upward movement will definitely test the high point of 94,588. So, a pullback during the day can be a buying opportunity.

We can look bullish around the bottom range of 90,000-90,300, targeting the 92,500 position, and if it breaks, we will look at around 94,500.

Follow the public account, "How to Relieve Worries, Only Jiang Wei," a treasure analysis blogger with high emotional value. He shares trading education for free, bringing stability and clear guidance in the restless trading market, with experience through three cycles of bull and bear markets and years of practical trading experience. He specializes in naked K, trends, Dow Theory, Gann, harmonics, Chande, Elliott Wave Theory, and other technical analyses, gathering them into his unique insights.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。