9.25 Analysis of Bitcoin
Bitcoin rebounded yesterday, but did not break through 114,000. We are bullish, the first target has been reached, but unfortunately faced resistance and did not reach the second target. The key support at the bottom is 111,000; we will see if it breaks. This position is also the support level of the weekly median line. If it breaks, the price will once again experience a flood-like drop. Therefore, reaching the support level can be viewed as a short-term rebound. 112,200 is bullish, targeting around 2,000 points #BTC☀