BTC Market Analysis🚩

BTC (Bitcoin) built long positions yesterday in the range of 95100-93600, currently holding profitable positions. On the daily chart, the price fluctuated significantly yesterday, sliding from a high of 98950 to a low of 92600, with an amplitude exceeding 6000 points, ultimately closing around 93000. Support is seen near the MA14 moving average, which is a good opportunity to add to long positions. Resistance is found near the MA7 moving average, with MACD indicating an increase in bearish momentum, forming a death cross.

On the four-hour chart, MA90 serves as support below, and one can consider entering long positions; MA7 acts as resistance above, and if broken, the next target could be MA30. MACD bearish momentum has somewhat diminished.