Daily BTC Market Analysis and Insights🍺🍺🍺
In our daily analysis of the Bitcoin (BTC) market, we use the 1D timeframe as the primary reference framework.
Based on the current daily candlestick data, the market has not yet shown obvious signs of a comprehensive downturn.
Therefore, it is expected that the Bitcoin price is likely to retrace to the key area of 91600.
If the BTC price rebounds around 91600, this will be a signal worth noting, potentially indicating a restoration of upward momentum in the market.
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During this process, it is recommended that investors closely monitor the performance of other altcoins.
While Bitcoin retraces and rebounds, many altcoins may also fall back to their respective key support levels.
These support levels are usually turning points for a rebound in altcoin prices.
Once these support zones gain solid support and begin to rebound, altcoins may experience a significant upward trend.
This provides investors with the opportunity to flexibly adjust funds between different cryptocurrencies, helping to optimize their portfolios and achieve asset appreciation. #比特币打破感恩节魔咒