9.3btc.eth Evening
The price of Bitcoin has been fluctuating throughout the day.
MACD Indicator: The red bars on the 4-hour chart are getting shorter, indicating that the momentum for pushing up is decreasing.
Both bulls and bears are evenly matched, just waiting for someone to break the deadlock.
In the evening, we can look at the range of 111700—112700 🈳
Targeting 110000—108000.
The altcoin has been fluctuating between 4200 and 4400 for the past two days, and it has been in a downward trend channel on the 4-hour chart.
If it still can't break the pressure level at the upper edge of the channel, it is likely to continue moving downward.
Can short between 4400—4450
