Last night, the market for Bitcoin experienced significant fluctuations, showing a V-shaped trend with a rapid drop followed by a rebound. Currently, Bitcoin is continuing to oscillate around 97500, and although there has been a slight rebound, it is still in a downward channel overall.
However, the bearish forces still hold the advantage, and the bulls face considerable pressure in trying to reverse the situation.
On the daily level, Bitcoin is under pressure from the middle band and is moving downward, with the strength of the rebound slowing down. The main strategy for today is a high 🈳 approach.
Bitcoin is 🈳 around 98500, with a downward target of 95000$BTC $ETH $XRP .
