Recently, the Bitcoin market has shown remarkable volatility. Last night, the price of Bitcoin briefly surpassed the 114,000 USD mark, but then retreated to around 113,000 USD and rebounded again. This trend demonstrates strong upward momentum in the short term; however, it does not mean that the market has completely reversed.



Currently, Bitcoin faces significant challenges in breaking through the 115,000 USD level. The resistance above remains substantial, so the upcoming trend may show a pullback, primarily oscillating at high levels.

Investors can pay attention to the price level around $114,100. If the price falls, $113,000 will be an important support level. If it breaks below this level, the next focus will be the range between $112,000 and $111,000. However, if the price fails to break the current resistance, a rebound may also occur.

Overall, although Bitcoin has shown strong performance recently, the market remains in a state of uncertainty. Investors should closely monitor price trends and adjust their strategies in a timely manner based on market changes. In this cryptocurrency market full of opportunities and risks, it is crucial to stay vigilant and flexible.
BTC1.38%
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Web3Educatorvip
· 9h ago
fascinating patterns, just like i explained in my advanced trading seminar last week tbh
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BankruptcyArtistvip
· 9h ago
btc dry pump!! To da moon
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GasFeeCriervip
· 9h ago
I heard everyone is looking at the resistance level.
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DEXRobinHoodvip
· 9h ago
Laughing to death, it's the rhythm of eating noodles again.
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SchrodingersPapervip
· 9h ago
Both breaking down and fluctuating, I don't even know where to enter a position for a Cut Loss.
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GovernancePretendervip
· 9h ago
What's with the pump being so intense?
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SatoshiHeirvip
· 9h ago
It is evident that this round of fluctuation completely aligns with the market cyclical oscillation theory predicted in Chapter 3 of Satoshi Nakamoto's paper.
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