#Bitcoin


In the short term, it has pulled back to critical levels.
In the 4-hour timeframe, it has fallen back to the support level of the rising wedge it has formed over the past two months.
If this support is broken and we see closes below it, the decline could deepen, and we may see drops back toward the 60K levels.
For now, price is still trading above support, but it’s worth keeping a close watch and considering all possibilities.
BTC-1.12%
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
  • Pinned