After hitting a low point, Bitcoin stopped falling and rebounded, rising to around 88100 where it faced resistance and entered a consolidation phase. Recently, it has maintained a narrow range of fluctuations, but the market structure indicates that bullish momentum is continuously strengthening while bearish pressure is gradually dissipating. Suggested Bitcoin: around 86500-85500, looking up to around 88000—89000 #BTC
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Silk Road on the morning of 11.24
After hitting a low point, Bitcoin stopped falling and rebounded, rising to around 88100 where it faced resistance and entered a consolidation phase. Recently, it has maintained a narrow range of fluctuations, but the market structure indicates that bullish momentum is continuously strengthening while bearish pressure is gradually dissipating.
Suggested Bitcoin: around 86500-85500, looking up to around 88000—89000 #BTC