Bitcoin short-term analysis



Analysis: Look for opportunities to go long around 81,000-81,500 on the bounce; the first target is 79,500, and the second target is 76,000

Bitcoin is currently slightly bullish in the short term. Yesterday’s market was strongly dominated by bears; the price moved in a one-way decline throughout the entire day. The bulls were under constant pressure and remained ineffective throughout, with the selloff extending continuously from daytime into the early morning. The price kept fluctuating lower, and after touching the key support level at 798, it gradually stopped falling and stabilized. It then began a modest rebound. Currently, it is consolidating in a range around 810, and the overall neutral structure still leans toward a bullish bias. #Gate广场五月交易分享 $BTC
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