[Coin World] Bitcoin continues its volatile trend today, currently priced at $86977.43, having fallen 1.35% in the last 24 hours, with market trading relatively active. After a high retreat yesterday, BTC has been repeatedly testing the 86000-88000 range recently, with trading volume maintained at $45.049 billion. In the short term, Bitcoin faces certain selling pressure, but the holdings attitude of mainstream institutions remains unchanged, and the market is still searching for a new balance point.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
3
Repost
Share
Comment
0/400
ChainMaskedRider
· 19h ago
The range of 86000-88000 has been oscillating for quite a while. Since the institutions are calm, I won't panic either; it just depends on who breaks first.
View OriginalReply0
DeFiCaffeinator
· 20h ago
It's just a consolidation with fluctuations, testing repeatedly within this range. The institutions haven't exited, which indicates it still needs to go up.
View OriginalReply0
GraphGuru
· 20h ago
The repeated hovering in the range of 86000 to 88000 indicates a lack of direction. What are the institutions still waiting for?
Bitcoin pullback adjustment 24-hour fall of 1.35%
[Coin World] Bitcoin continues its volatile trend today, currently priced at $86977.43, having fallen 1.35% in the last 24 hours, with market trading relatively active. After a high retreat yesterday, BTC has been repeatedly testing the 86000-88000 range recently, with trading volume maintained at $45.049 billion. In the short term, Bitcoin faces certain selling pressure, but the holdings attitude of mainstream institutions remains unchanged, and the market is still searching for a new balance point.