#BTC

BTC trend analysis on July 25, 24: $BTC

Early on, Bitcoin and Ethereum started to fall again! They did not fall when Ethereum ETF was opened for trading, but now they are falling. In addition, the Bitcoin conference is about to be held. Can it still escape the curse of falling at every conference?

Trend: Bitcoin has now fallen to around 64,000. From the daily line, it is the first time since this wave of rising trend that a four-day negative line adjustment has appeared. The short-term support below is in the 63,800-63,300 range! Let's see if it can form a strong support. If it falls below again, we really have to look at the integer mark of 60,500-60,000!

Point: The short-term support below is in the 63,800-63,300 range, and the strong support is in the integer strong support range of 60,500-60,000$BTC