BITCOIN ANALYSIS TODAY.
Trend: The weekly and daily frames are in a sideways state, while the 4-hour and 1-hour frames have a downward structure. However, Bitcoin is still holding the $88,000 mark on larger time frames.
CME Gap: Appeared on the 1-hour and 4-hour frames.
Expectations: Experts predict that Bitcoin may have a short-term rebound up to the 90,500 - 91,500 range, after which it may potentially return to the 84,000 - 86,000 range. Other opinions suggest that Bitcoin could drop to 70,000 - 72,500 if selling pressure continues to increase.
BTC
84,800
-1.50%