Yesterday, Bitcoin bounced off the support level.


This upward move doesn't seem to be over yet; we need to wait and see if 780 will be broken.
If it breaks, then we need to watch whether it surpasses 795.
At the same time, the rally may be ending if it can't go above 774 and pulls back to 764; if it stabilizes, it could very likely push toward 780.
Right now, we can only wait.
I still remain bearish; as long as it can't push higher, Bitcoin remains bearish.
Tonight, let's watch the US market; crude oil continues to rise, indicating that market sentiment is still very worried about the US and Iran, and oil prices remain a hidden risk of rising inflation.
Resistance levels are at 780 and 795; support levels are at 755 and 747.
$BTC
BTC0.22%
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