$BTC


The downward price trend is reappearing...
A new daily candle has closed below the resistance trend line, confirming that the price has returned to a bearish flag pattern.
The main area of concern at the moment is $79,300. If the price holds above this level, we are likely to retest the local high around $82,700.
However, a significant break below this level will confirm increased selling pressure, as it will involve breaking through a major support zone.
The next target I will monitor is the liquidity break at the local low level, starting from $75,800.
BTC0.7%
View Original
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin