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Last night, BTC opened high and then turned lower, continuing the trend afterwards. In the morning, it reached the 83 position at one point. Recent fluctuations have been noticeable to everyone. It has been fluctuating around 84 with over 1000 points. Currently, it has not escaped the oscillation trend. During the day, after testing the bottom, we look for a rebound. Without any stimulating news, this state will likely continue in the near future.
Currently, the four-hour level has reached a critical position, with multiple reversals near 83 in the past. After the recent spike, it is likely to form a bottoming pattern next. If there is further increase in volume, BTC could reach the 85 position. At present, it is a monkey market phase characterized by sharp upward and downward movements, and the market's barometer still depends on external news stimuli.
BTC operation suggestion: around 83400, bullish.
Target: 85000 #BTC#