At present, Bitcoin’s first round of downward adjustment may have come to an end, because from the perspective of the K-line, it has already cut into the previous shock range, where the bulls are counterattacking, and we will continue to observe whether it is a rebound or a reversal. Bitcoin operation recommends buying at 26600, risk control at 26000, and target at 28700~29800.
There is resistance on the downside after Bitcoin fell into the range, so there is an opportunity for bulls to rise here. The square pressure is 28700~29800, and the lower support is 26600~25300.
Follow me if you don't already have a trusted analyst
Trade active
Bitcoin is going up, looking forward to seeing how much money you guys will make today
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.