#BTC When we look at the chart, buyers don't seem hungry. The upward movement could continue as a reaction to the decline. However, if it does not stay above 61,980 on the 4-hour chart, another drop may occur. 4-hour closes above 61,980 could start turning the market positive.



If it stays above the 67,500 level in the uptrend, it would signal that the upward movement will continue.
When the weekly close remains below 60k again, the decline may continue toward the 49-50k support levels.
BTC-1.23%
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
  • Pinned