Bitcoin continued its bearish trend overnight, dropping to around 66,200, then rebounding after touching approximately 64,800 to hover around 65,900. The daily chart shows two consecutive bearish candles, indicating a gradual downward movement.
Saturday Morning:
The market rebounded around 66,300-66,600, with resistance at about 64,600-64,300.
The market also rebounded around 1,950-1,970, with support at approximately 1,870-1,850.
Saturday's market fluctuations are relatively slow. Maintain good patience, and aim to secure profits within the range.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2.28 Saturday Morning Market Analysis:
Bitcoin continued its bearish trend overnight, dropping to around 66,200, then rebounding after touching approximately 64,800 to hover around 65,900. The daily chart shows two consecutive bearish candles, indicating a gradual downward movement.
Saturday Morning:
The market rebounded around 66,300-66,600, with resistance at about 64,600-64,300.
The market also rebounded around 1,950-1,970, with support at approximately 1,870-1,850.
Saturday's market fluctuations are relatively slow. Maintain good patience, and aim to secure profits within the range.