Currently, BTC is still in a bearish trend on the higher timeframes, with the recent upward movement essentially being a retracement, so the main focus remains on pullbacks.


As for when the trend will shift to a bullish formation, that would require a volume breakout and a solid hold above the daily candlestick level of 64700-66000. Although there was a short-term breach of this level, it hasn't established a solid footing or closed bullish, so it's not a valid breakout, you know? $BTC $ETH #MyGateTradeStory #GateSpotVolumeDefiesTrendRanksFirstInGrowthGlobally
BTC-0.30%
ETH0.75%
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
HighAmbition
· 12h ago
Buy To Earn 💰️
Reply0