Predict the overall trend of Bitcoin in the upcoming period


On the 1-hour timeframe, the rise from 74,000 to 78,300 shows increasing bullish volume, currently just consolidating with reduced volume at high levels, but the bullish momentum has not fully exhausted, and there is a high probability of another push towards the resistance level

From the daily and weekly perspectives, the weekly chart is in a downtrend channel, and the daily rebound is a typical falling flag pattern. Usually, a rebound flag often has a false breakout to trap buyers, followed by the main decline

🚨 Trading suggestion
In the short term, watch for a move to around 78,000, then consider entering a position near 77,600 to 78,400 as a good strategy, then prepare for the main decline, targeting 70,000

For those who haven't been paying attention, remember to follow
If you lack insight, learn to follow the trend
$BTC $ETH #GatePreIPOs首发SpaceX
BTC0,98%
ETH0,88%
View Original
post-image
post-image
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.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
FyPayEasy
· 1h ago
🌍
Fy
70
778
Reply0
  • Pin