After the two days of volatility over the weekend, the price of Bitcoin has shown signs of rising at a small level, but the momentum is insufficient, and no effective breakthrough has been completed. The market has not shown a clear direction. We need to pay attention to the trend of US stocks tonight. At present, Bitcoin has been fluctuating sideways for two weeks, and the turning point is approaching. We need to be prepared for both situations.
The small-level K-line forms a convergent triangle channel, which has broken through the upper edge, but there are signs of retracement after the breakthrough. We need to pay attention to the small-level trend line support. If it can stabilize and restart the rise, it is expected to hit the 88,000-90,000 range. If it falls below the trend line support after the retracement, it may fall again. Pay attention to the strong support area near 81,800 below.
The upper pressure focuses on 88,000-90,000 (it is expected to open up space after the breakthrough), and the lower support focuses on 81,800 (it may cause further decline after breaking through)
