Friends continue to hold above 92K. As I mentioned before, moving sideways for a while above 92K will allow for inflows of money to the lower levels. As long as it holds above 92K, there will be temporary resistance at the 95K level, while it will aim for the 99.5K level.
When we look at the 4-hour time frame, we can also see that there was a nice retest at the 92K level.
So everything seems to be fine for now.
Of course, it is also useful to add that, In the event of a possible breakdown of the 92K support, the next support level will be 88.7K.
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.
#bitcoin
Current view.
Friends continue to hold above 92K.
As I mentioned before, moving sideways for a while above 92K will allow for inflows of money to the lower levels.
As long as it holds above 92K, there will be temporary resistance at the 95K level, while it will aim for the 99.5K level.
When we look at the 4-hour time frame, we can also see that there was a nice retest at the 92K level.
So everything seems to be fine for now.
Of course, it is also useful to add that,
In the event of a possible breakdown of the 92K support, the next support level will be 88.7K.
Calmly continue to wait for our goals.