BTC daily chart analysis update:


Currently, it has fallen from the high to a low of 1003 and is still in a bearish trend.
The first suggested entry range from the previous update recommends short-term trading or to wait and see. BTC is around 100,000, where there is a key psychological support level; as long as it doesn't break down, it will continue to rebound slowly.
If it breaks down, look for support around 97.
There is a strong support near 955. If it breaks down, look for the 93-9 range.
97-95-93 may be the support range for this pullback.
(In addition, although there is an analysis of the support range for the decline, be cautious of the risks when shorting. Personally, I do not recommend it. If there is strong support at 100,000, it may not go down.)
Still the same thing, pay attention to risk management and set stop-loss. Personal opinion, gains and losses are your own responsibility.
BTC0.18%
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
  • 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)