Bitcoin’s evening-market price action is steady, with solid support at the lower end. Buying on dips at low levels is currently the more prudent trading approach.

From the hourly timeframe’s chart pattern, the coin price has been continuously trading within a converging triangle range, consolidating and building momentum. The overall weight is rising steadily, gradually moving closer to the area of the previous highs.

For the short-term, the primary resistance to watch is the 78500 level. Once there is an effective breakout above this resistance with increased volume, the bullish move will fully kick in, and you can look toward the previous high at 79400 in line with the trend.

If it successfully holds above and breaks through the previous high, the upward room above will open up comprehensively. Next, you can look for a high of around 80500 USD.$BTC #比特币现货交易量新低