Monday, Latest Bitcoin Price Analysis #SaylorBTCPurchase
Bitcoin prices rose to a high of 95,280 in the morning over the weekend before falling back under pressure. In the afternoon, prices reached a low of 93,547 and then moved erratically within this range.
Ethereum also moved alongside Bitcoin, showing a downward trend after rising to a high of 1,857 in the morning. In the evening, prices reached a low of 1,781 before stalling. Yesterday's trading by Yemo Moo was accurate in identifying long and short positions
This morning, the lower support was tested several times to the downside, but it was not broken. In terms of today's structure, there was no very obvious change. A standard cross candlestick was closed in the short term. The exchange rate still maintains an upward correction channel. In terms of the overall structure of the price trend, it is still in the recovery phase. Looking at the four-hour time frame, the Bollinger band is shrinking and moving sideways, but it is still at the middle line position, and the lower border is sloping upward. A death cross of the KDJ indicator is likely to form. A short-term rally is just a matter of time in the future. We should focus on long positions$BTC