#BTC #币安Alpha项目公布
Good morning everyone! Did you not sleep all night? Bitcoin dropped sharply by 7000 points, and a crowd of people got liquidated again.
Let's take a look at the Bitcoin trend this morning.
Morning Bitcoin market analysis
Review of price movements in the early hours: After a sharp drop to a low of 95700, Bitcoin rebounded slightly to 98500, then fell again to the current price of 97400!
Morning market trend perspective: Bitcoin is in a sideways consolidation, with a consolidation range of 98300--96162. Currently, it is a technical correction after failing to stabilize above 98000. Bitcoin will undergo a small range of diminishing volatility. If it cannot stabilize above 98000 for a long time, there is a tendency for another decline. Note that the upper level of 98720 is a resistance level for price increases!