Looking at the 4-hour chart, the Bitcoin Bollinger Bands are flat, with the coin price oscillating around the middle band for a long time, and the Bull vs Bear Battle is intense. The previous pullback touched the lower band support, and yesterday it tested the low point of 117000 without effectively breaking down, validating the support as effective, with strong buying pressure below, indicating limited downward space in the short term.
BTC0.27%