Today Morning Bitcoin Outlook



Operation: Around 62500–63000 range
Target: 61500–61000
Support: 60500

Bitcoin last night fake breakout followed by a bearish candle breaking through 62500 down to 60760, creating a weekly low. 4-hour highs keep decreasing, lows keep shifting lower, the bearish structure remains unchanged. 625–630 is the middle band resistance of the 4-hour Bollinger Bands; a rebound here is testing resistance, not a reversal. Plus, the second Bitcoin is still flowing out, and before CPI data, funds won't push the market up; follow the trend to rebound and short. $BTC #Gate直通IPO认购SpaceX
BTC-3.16%
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