The Bitcoin market has recently shown remarkable performance. After reaching a high of $1175, the price has experienced a pullback. Currently, investors should closely follow the support range at the daily chart level of $1145 to $1155, as its performance will have a significant impact on the short-term trend.
It is worth noting that the market may briefly dip to around $1140. However, if the price can stabilize at that level, we are likely to see a new round of upward momentum.
On the upside, around the position of 1185 USD forms a key resistance level. If Bitcoin can effectively break through and stay above this level, it will open up space for further upward movement, likely challenging the target range of 120 to 122 USD.
Overall, the current Bitcoin market shows a certain level of volatility, but it also contains potential upward opportunities. Investors need to remain vigilant and closely follow the performance of key price levels to seize market trends in a timely manner. At the same time, it is important to manage risks and allocate assets reasonably.
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TeaTimeTrader
· 08-28 18:34
Sideways is boring, I'm getting ready to sleep.
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BlockImposter
· 08-28 14:09
Long position opened, if not now, then when?
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Lonely_Validator
· 08-27 13:12
It's just a wave of deceptive pump.
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ColdWalletGuardian
· 08-26 11:19
This wave just did a Rug Pull in the early session.
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GateUser-aa7df71e
· 08-25 19:04
Suckers 1140 are ready to catch a falling knife. I anticipated this wave early on.
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SolidityJester
· 08-25 19:00
The big short positions are dreaming again.
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consensus_failure
· 08-25 18:54
Is the market here again? I haven't dared to buy since I lost everything last time.
The Bitcoin market has recently shown remarkable performance. After reaching a high of $1175, the price has experienced a pullback. Currently, investors should closely follow the support range at the daily chart level of $1145 to $1155, as its performance will have a significant impact on the short-term trend.
It is worth noting that the market may briefly dip to around $1140. However, if the price can stabilize at that level, we are likely to see a new round of upward momentum.
On the upside, around the position of 1185 USD forms a key resistance level. If Bitcoin can effectively break through and stay above this level, it will open up space for further upward movement, likely challenging the target range of 120 to 122 USD.
Overall, the current Bitcoin market shows a certain level of volatility, but it also contains potential upward opportunities. Investors need to remain vigilant and closely follow the performance of key price levels to seize market trends in a timely manner. At the same time, it is important to manage risks and allocate assets reasonably.