The recent market for Bitcoin has warmed up. From the four-hour level, Bitcoin has faced multiple obstacles while trying to break through the $100,000 mark. It is currently at a directional choice at this $100,000 level on the four-hour chart.
The strong resistance above Bitcoin at the four-hour level is at the $104,000 mark, while the strong support below is at the $96,000 mark.
From the daily level perspective, Bitcoin has recorded six consecutive trading days of small upward candlesticks, indicating a very strong buying force from the market's main institutional funds. Looking at the daily level, it is only a matter of time before Bitcoin effectively breaks and stabilizes at the $100,000 level.
The true strong resistance for Bitcoin at the daily level is at the $104,000 mark. If Bitcoin can effectively break and stabilize above this $104,000 level in the short term, it is expected to challenge its previous highs.
The first level of support below Bitcoin at the daily level is at the $96,000 mark, while the real strong support is at the $91,000 mark, which also serves as the boundary line for Bitcoin's strength and weakness. #比特币走势观察