Bitcoin’s attention level is at 79181. If it no longer drops below this level, it is assumed that the adjustment has ended; a breakout above 82850 confirms the adjustment has ended. The overhead resistance levels to watch are around 84k and 85k.



If it recently breaks below 79181, be alert that the adjustment level may expand. As long as the 4-hour candlestick body does not drop below the first support zone below (around 78400), it is a reasonable pullback. After the pullback ends, BTC will continue to rise.

The second support zone below is the lifeline. If the 4-hour and daily candlestick bodies break below this level, it confirms that the rebound starting from 60k has ended; the subsequent movement will be a new decline.
BTC0.56%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin