10.10
BTC rose from August into October, then broke below daily support for the second time, seeing a pullback of nearly 8,000 points
Some say: The pullback is not over yet, with targets at 75,000 and 72,000
But when the price bottomed at 80,000, institutions stepped in and supported the 80,000 floor. The rebound reached 83,000, and BTC fluctuated above 82,500 over the weekend
So how should it move next?
Support at 80,300 has already formed
Resistance above 83,500 remains a cap
The ideal scenario: Break through 83,500, then hold above 82,000, consolidate between 82,000 and the previous high of 88,000, and wait for an opportunity to break the previous high and head toward 90,000
$BTC $ETH #Gate亮相TOKEN2049
BTC rose from August into October, then broke below daily support for the second time, seeing a pullback of nearly 8,000 points
Some say: The pullback is not over yet, with targets at 75,000 and 72,000
But when the price bottomed at 80,000, institutions stepped in and supported the 80,000 floor. The rebound reached 83,000, and BTC fluctuated above 82,500 over the weekend
So how should it move next?
Support at 80,300 has already formed
Resistance above 83,500 remains a cap
The ideal scenario: Break through 83,500, then hold above 82,000, consolidate between 82,000 and the previous high of 88,000, and wait for an opportunity to break the previous high and head toward 90,000
$BTC $ETH #Gate亮相TOKEN2049
