Midday Market


In the morning, it fell back from around 82,400 to about 80,400, with the overall market forming an inverted V-shaped consolidation. Currently, the daily chart shows a shrinking bullish momentum with a slight bearish reversal, the four-hour chart indicates a shrinking bullish trend with a confirmed bearish candle, touching near the middle band, and the hourly chart shows increasing bearish candles forming a downward crossover.
Trading Suggestions
Bitcoin can fluctuate around 80,500-80,000, aiming for about 81,500-82,000.
The altcoin can fluctuate around 2,320-2,300, aiming for about 2,355-2,375. $BTC
BTC0.56%
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