Attention all friends in the crypto community, the weekend's short-term trend for Bitcoin has not changed much. Aside from a quick drop in yesterday's Asian market in the early session, it is still in a narrow consolidation phase as of now!
From a daily perspective, the price has returned to the consolidation range, which has been in place since March (between 70k-50k).
This means that both bulls and bears are in a relatively equal position, and when this balance can be broken is still unknown! (Expected after the election results)
Looking at the hourly trend, it remains bullish, so those trading short-term should still focus on buying the dips! Support is noted at 66.5k and 65.5k below, while resistance is at 67.5k and 68.8k above! #盘整行情分析 #技术分析