$BTC 🔥
Nighttime analysis of Bitcoin is here 🚗🚗
$BTC /USDT technical analysis report:
In today's trading, after a small fluctuation earlier, $BTC has gradually become clearer. The current price is $58,529, which is at a critical position.
In terms of resistance, the current strong resistance level is around $59,000. If this resistance level can be successfully broken, it is expected to further open up the upside and move towards higher goals.
The support level is around $57,680. This position is crucial for bulls. If the price falls below this position, it may trigger further adjustments in the market.
For long trades, you can consider entering the market when the price breaks above $58,750. The target can be set at $59,200 and $59,700. At the same time, in order to control the risk, the stop loss can be set at $57,680.
Short trading can be entered when the price falls below $57,680, with targets of $57,200 and $57,000, and the stop loss is set at $58,750.
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