This weekend's market has been calm, so let's talk about how BTC will move next.
BTC's current pattern is actually not much different from last week - it's just stuck under the 90,000 barrier, unable to break through. On the hourly chart, it keeps "drawing lines," going up and down, clearing out the hesitant buy orders one by one. Last time it pulled back, it held the 86,000 line and did not break it. The four-hour chart continues to insert spikes there, clearly building up strength for the next surge.
The bearish news has basically been digested by the market, and the daily level adjustment is about to come to an end. But the problem is that the situation above is still not clear enough; the $91,000 level remains a tough nut to crack.
From a broad perspective, the logic hasn't changed. The area from 84000 to 85000 now shows signs of a short-term bottom. If this bottom holds, there will be a chance to launch a third wave attack on the four-hour level in the short term, and market sentiment is quite optimistic. This week, there is a significant probability of reaching 90000. As for how far it can go, we will have to continue to observe.
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DancingCandles
· 3h ago
I'm a bit tired of this wave of fluctuations, just waiting to see if it can really break 90,000, it feels like we have been drawing up illusions.
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MercilessHalal
· 3h ago
The 90,000 mark is really tough, testing back and forth is a bit annoying to watch.
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AirdropHustler
· 3h ago
86000 has held steady, let's see if it can break through the 90,000 barrier next week.
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LootboxPhobia
· 3h ago
So you're the drawing line expert again, huh? Why is the 90000 level so tough?
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Blockblind
· 3h ago
90,000 is stuck again, this trap is really annoying, when will it break out?
This weekend's market has been calm, so let's talk about how BTC will move next.
BTC's current pattern is actually not much different from last week - it's just stuck under the 90,000 barrier, unable to break through. On the hourly chart, it keeps "drawing lines," going up and down, clearing out the hesitant buy orders one by one. Last time it pulled back, it held the 86,000 line and did not break it. The four-hour chart continues to insert spikes there, clearly building up strength for the next surge.
The bearish news has basically been digested by the market, and the daily level adjustment is about to come to an end. But the problem is that the situation above is still not clear enough; the $91,000 level remains a tough nut to crack.
From a broad perspective, the logic hasn't changed. The area from 84000 to 85000 now shows signs of a short-term bottom. If this bottom holds, there will be a chance to launch a third wave attack on the four-hour level in the short term, and market sentiment is quite optimistic. This week, there is a significant probability of reaching 90000. As for how far it can go, we will have to continue to observe.