BTC market analysis🚩

BTC (Bitcoin) fluctuated yesterday, sliding from a high of nearly 100,000 points to a low of around 95,200 points, and the final closing price was close to 95,800 points. The current important support below is near the MA60 moving average. If the price pulls back to this area, you can consider buying on dips. On the top, it faces pressure from the MA7 moving average. Once it breaks through, it may further look to the MA30 moving average.

On the four-hour chart, MA92800 is the lower support, which is also suitable for long positions; while the MA14 moving average is the upper pressure level, which may reach MA200 after breaking through. The MACD indicator shows that the short-selling force is gradually weakening. In short-term operations, you can consider buying in the 94220-92880 range, and the rebound target is around 97500