Today's Bitcoin market Silk Road view [Busy]:
Blockchain still maintained a volatile trend in the 92000-96000 range over the weekend, which was in line with expectations. In the morning, Bitcoin had a short-term upward ⬆️ needle, but then fell back quickly. It can be seen that the bottom force is not strong enough at present. And the fire in the United States has spread again, exacerbating the losses there, which may have a significant impact on the subsequent US stocks. Bitcoin is expected to continue to consolidate during the day. It is recommended to operate short-term during the day and wait and see!
At present, from the daily line, the trend is lower than the healthy level. It is expected to maintain a correction during the day, but the overall cycle has not changed! It is still possible to consider entering the market near 95500 during the day!
Due to the low market sentiment, we put the support at 92000-92500 today, and the upper pressure level is 95500-96000! $BTC