Monday Morning Bitcoin Auntie's Strategy Share!
In the early hours of today, Bitcoin Auntie has once again increased volume, declining to 94250 and 3221! The bearish trend continues, is the bullish momentum weak recently?
From the market perspective, the recent big trend is dominated by bears, but we need to be cautious of the market makers accumulating and washing out positions. Everything is possible after just experiencing a pin bar!
From the four-hour chart, we can see that the trend has not been able to break down further. The lower bound has been supported, failing to continuously move towards new lower support points, instead pulling back, forming a new range around 95000 and 3250, with bulls and bears locked in a standoff!
In the morning, Bitcoin's downward line is initially looking at 94000, then up towards 99000-100000.
Auntie's line is around 3200-3220, looking up towards 3500-3600.
