Bitcoin closed overnight higher, finally settling at the 91,200 level. The bullish outlook at the low levels is not wrong. After a long period, finally gained 1,400 points. Although the process was lengthy, at least it did not disappoint expectations.


Now, the trend shows continuous weakening in price movements, mainly oscillating within the four-hour level upper and lower bands, with support at 88,500 and resistance at 90,500. Although it broke through yesterday, it was ultimately suppressed. Therefore, in the short term, it is still advisable to trade around the area I mentioned, with high positions at the top and low positions at the bottom.
Look for a rebound around 89,300-88,800 to go long, with targets near the 90,500 level. Weekend fluctuations are relatively weak. Focus on short-term trading. #BTC #ETH
BTC0,35%
ETH0,74%
View Original
post-image
post-image
post-image
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.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)