BTC Market Analysis: From a price perspective, the price continues to show strength. Looking at the hourly level, early morning saw consolidation with pressure pullbacks. The upper resistance level around 73,500 has now been broken through. Given the recent price action with two rounds of increases, the selling pressure at this level has been largely digested. If the price can maintain stability above 73,000 throughout the day, there's a good chance for a subsequent test of around 76,000.



Bitcoin: 73,700+ long, target 75,700, stop loss 1,000 points
BTC3,4%
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