Bitcoin sentiment is strongly bearish, with a one-sided decline to around 65,500. Currently, it has rebounded to fluctuate around 66,200. Over the weekend, two consecutive bearish moves were perfectly achieved, totaling a gain of 4,100➕120 points.



From the 1-hour chart, the candlestick broke through the middle and lower bands of the Bollinger Bands, which are opening up. The MA5 and MA10 moving averages are showing a death cross.
From the 4-hour chart, the candlestick touched the lower band of the Bollinger Bands, which are trending downward. The MA moving averages are showing a death cross. The bearish momentum bars are shrinking in volume.

Morning forecast: Around 66,400-67,000 bearish, looking towards 65,500-64,500
Morning forecast: Around 1,960-1,980 bearish, looking towards 1,910-1,880
$BTC $ETH
BTC-1,16%
ETH-1,95%
View Original
post-image
post-image
post-image
post-image
post-image
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
0/400
No comments
  • Pin