$BTC 🔥🔥🔥
Nighttime analysis of Bitcoin is here🚗🚗
$BTC Bitcoin entered a sideways consolidation mode after accurately dropping to the first support level during the day. Not long ago, the market ushered in an extremely strong rebound, which quickly hit the third pressure level of 57750, showing a strong upward momentum.
At night, we need to continue to pay close attention to the position of 57735 that just hit the high point. Once this key point is successfully broken, the market will continue to rise and continue to advance. The upper targets and pressure levels can focus on the key positions of 58200 and 59100. Judging from the current trend, the bulls have the upper hand and the upward trend is obvious.
If the price fails to break through successfully at night and there is a retracement, we need to pay attention to the position of 56980. As long as it does not fall below this position, Bitcoin is still expected to continue to rise. However, if it unfortunately falls below, the market may return to the sideways zone again. If there is a decline, the support level below can be around 56520 and 56110. However, based on the current market situation and technical indicators, the possibility of bullishness is relatively high. As market sentiment gradually heats up, $BTC is expected to continue to create new highs in the future.
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