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4.24 Bitcoin Silk Road and Recommendations
It’s that happy Friday again. Friday market action always brings us surprises. Although Bitcoin was weak yesterday, it rebounded back in the evening session, and it’s still following the arranged trend. So the first thing to focus on today is: as long as it doesn’t break below yesterday’s low, the 770-775 support zone is fine—there’s no problem with that. For this wave, you can look at 78500-79. Also, currently the small-level support at 780 does exist, but there isn’t enough volume, so it can’t lift off. The rebound strength is a bit weak. For the short term, pay attention to the small support around 780. The key dividing line is 770-775. Monitor the support strength at 770-775 during the day. If support is effective, you can follow the trend of $BTC.