#比特币走势观察 , why consider going long at this position $BTC ?
First of all, yesterday's Bitcoin had a single-day drop of over $6000, which can be considered an extremely exaggerated drop. However, since we are currently in a bull market, this is quite common. Unless there are further news impacts, the probability of Bitcoin continuing to drop is very minimal.
Secondly, Bitcoin's 4-hour level trend is testing the EMA moving average and is at a key support position. If this position cannot hold, then what awaits us will be a Bitcoin price of 94000-92000. Of course, if this position holds, we can expect a return to 100,000!