#Halloween Magic: Knock, Knock, $60,000 Prizes Are At the Door #Halloween Magic: Knock, Knock, $60,000 Prizes Are At the Door

Today is also Friday. This week is about to end soon. BTC surged to the high of 69500 at the beginning of the week and then continued to retreat. Everyone thought it was about to break through the 70000 mark, but it fell short. creating a space of several thousand points each time. This also makes many frens unable to see the trend clearly and feel at a loss. Those in need can also contact Qibo. After the Long Wick Candle in the early morning of yesterday, BTC has been running in the form of continuous Rebound at the bottom. And it stretched to the high of 68800. After reaching the high, it started to retreat and left a long Lower Shadow. What's the next step, and where is the direction?
Currently, from a technical perspective, the daily candlestick has formed a large bullish reversal, recouping most of the previous decline. There are still signs of further upward momentum. In the short term, the 4-hour candlestick chart shows consecutive bullish corrections, directly surpassing the MA30-60 moving averages. This change in pattern also indicates the possibility of retesting the upper resistance. Therefore, in the short term, while focusing on recovering from the decline, the main focus is still on the lower support, with an eye on the long positions testing the 70,000 level.
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