Bitcoin continues to decline intraday, ultimately reaching the 91,000 level. There is currently a rebound, but it still remains at a recent low.



On the four-hour chart, the Bollinger Bands previously showed a downward turn and divergence. Currently, they are transitioning to a sideways trend. The KDJ indicator's two lines also show signs of turning sideways. This suggests that a range-bound pattern may reappear. The next step is to observe whether the support is effective.

For entry direction, around 91,000, with the target at around 93,000. #BTC #ETH
BTC-0.64%
ETH-1.11%
View Original
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)