5.9 Afternoon Bitcoin Market Analysis!
Pay attention to the level of 102450 today for Bitcoin. As long as it stabilizes above this level on the 1-hour timeframe, the bullish trend remains, and we will first look at the previous high of 104280 above. If it breaks above that resistance level, pay attention to positions around 105400-106400-107255! If today the 1-hour closes below the level of 102450, then the 1-hour timeframe will start to correct, and pay attention to support levels around 100950-99200-97730!
After the Ethereum upgrade, it started to rally strongly yesterday, creating the largest single-day increase in recent years. Today, pay attention to the level of 2190. As long as it stabilizes above this level on the 1-hour timeframe, the bullish trend remains, and we will first look at the previous high of 2245 above. If it breaks above that resistance level, pay attention to positions around 2280-2317-2351! If today the 1-hour closes below the level of 2190, then the 1-hour timeframe will start to correct, and pay attention to support levels around 2156-2112-2073!
