#BTC

BTC Market Analysis

Looking at the small scale of Bitcoin, it has briefly fallen below the lower support line of the range mentioned earlier. However, the reaction after the breakdown is not quite right, as it has rebounded again. Currently, the price is hovering around the trend line of 94000. If it successfully recovers, this will be another false breakdown. Additionally, considering the previous trend, it indicates a triple bottom formation. Pay attention to whether it can regain the 94000 level in the short term!

Key Focus Points: As mentioned yesterday, the strong support level remains around 90500, while the upper level is at 99600. The short-term central positions to watch are 94000 and 96800!