I remain bearish on BTC, primarily looking to short on rallies, but no clear bearish selling pressure signal has emerged yet. Yesterday’s daily candle closed bullish with high volume, still oscillating within the 80,000–84,500 range. The 9-hour chart also showed increased volume but failed to break above 8,330, and the selling pressure did not continue. Now watch the reaction at 8,330–8,430: if a bearish candle with high volume forms, rallying then rejecting, this could be the final rally within the range—next downside move is likely to break directly below 80,000. #BTC https://t.co/tFQeICz0yN
P K B 【BTC/黄金/A/美股】Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.