BNB
Rebound continues to rise
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比特财经阿杰
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Market analysis and operation suggestions! Is today's non-agricultural data bullish or bearish?
After three trading days of decline, Bitcoin shows signs of stopping its decline in the short term. From the 4-hour chart, BTC has strongly broken through the $96,000 level. If it fails to break through the upper resistance, there is a high probability that BTC will test the support of $91,000 again.
I have emphasized many times before that BTC$91,000 is the watershed between bulls and bears. Once this line is strongly penetrated at the four-hour level, BTC will test the strength and weakness dividing line below $85,000.
From the daily level, after BTC has strongly broken through $96,000, I personally think it will be difficult for it to strongly repair this line in the short term. This is because the bullish power of BTC has weakened, the buying power of the market has been greatly reduced, and the bearish sentiment in the market is very serious.
I have emphasized many times before that BTC$91,000 is the watershed between bulls and bears. Once this line is strongly penetrated at the four-hour level, BTC will test the strength and weakness dividing line below $85,000.
From the daily level, after BTC has strongly broken through $96,000, I personally think it will be difficult for it to strongly repair this line in the short term. This is because the bullish power of BTC has weakened, the buying power of the market has been greatly reduced, and the bearish sentiment in the market is very serious.
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