Big Pie Analysis
$BTC After two days of volatility over the weekend, the bears exerted their strength at midnight yesterday and fell below 63,000
The lowest position reached 62,280. Most bulls began to despair, and the market sentiment was depressed
Technically, the opening of the four-hour Bollinger band extended downward along the lower track. As 63,000 was broken, the current strong support below is 62,400. It is unlikely to fall directly below this area in the short term
And the stochastic indicator at the daily level is already in the oversold zone. It is expected that there is not much room for decline. Look for rebounds during the day
More around 63,000, the target is around 64,000
