Bitcoin got a bit excited tonight, ha, showing signs of some action, but it completely doesn't affect our plan!

After all, Bitcoin has been quite obedient intraday, and Shen Lang's 3-wave predictions were all perfectly executed!

Early morning around 68,300, we swept down and captured 1,000 points!
Afternoon around 68,500 continued southbound, directly pulled back 700 points!
Late evening around 71,300 continued southbound, steadily dropped 1,000 points!

Bitcoin is currently standing above 70,000 again, this is not the rhythm of a reversal. Shen Lang mentioned in the blog earlier that 72,000 is an insurmountable resistance level. Repeated probes approaching 71,500 just keep pulling back, which shows how strong the pressure above is. Going forward, we should continue looking for southbound movement!

For Bitcoin's subsequent movement, from 70,850-71,350 southbound, ideally we're targeting 68,500-68,000 first!

Don't be deceived by small pullbacks, these are just the usual smoke and mirrors we commonly see, don't be misled, and also don't go all-in. You need to understand the principle of steady and gradual progress! #BTC