The support below Bitcoin has not been effectively broken; it quickly recovered in the morning.
Currently, the lower level has gradually stabilized, and thinking about a major plunge seems a bit unrealistic. Once trapped, it feels like an abyss.
BTC 4H chart, the last support for bulls is in the 112K range. This position has stopped falling after the second test, but it hasn't fully reversed yet.
Buying in this range is considered left-side bottom-fishing at 112K, which is also the bulls' last support. After the support level stops falling and consolidates, buy on the breakout, and cut losses if it breaks below.
Intraday pullbacks at 112K-112.8K for incremental buying, targets at 113.6K, 114.5K, 115.5K.
Buying in this range is considered left-side bottom-fishing at 112K, which is also the bulls' last support. After the support level stops falling and consolidates, buy on the breakout, and cut losses if it breaks below.
Intraday pullbacks at 112K-112.8K for incremental buying, targets at 113.6K, 114.5K, 115.5K.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
112,171.99
-2.07%
ETH
4,653.72
-2.82%
SOL
198.38
-3.64%
