BTC has a bright future and a bumpy road ahead

If the closing price stays at $4000, it will form a macd gold fork. Then, the market will enter a relatively long trend. We initially gave a 3 wave target of $4800-5200, which I have said before. But the process of achieving this goal will be tortuous and perhaps abortive.

At present, we have a look at, long goal in 4400 to $4800, and the process, to solve the first problem is the pressure of $4200, if breached, even in the face of macd forming technology, if also can absorb, so congratulations long, 4400-4800 primary goals are expected to implement, if the market continue to strengthen, maybe $5200 is not a dream.

Well, all the dreams are to rely on step by step to achieve, we return to reality, the first solution to the short term pressure - rail, the position to suppress the current trend, if even this can not be solved, for the bulls, don't say what 5200.

Strategy: the current time-sharing index has pressure, need to adjust, wait for the adjustment, looking for opportunities, do more can use the word line battle, choose the short time-sharing operation. But note that the first element of trading - set stop losses

Risk: break the back step caused by failure, so risk control first, set stop loss first, keep the capital first!