$BTC is currently in a descending trend channel, with the lows around 62.5k, looking bearish in the mid to long term. The price has tested the 63k support multiple times and bounced back, but hasn't been able to effectively break through the upper MA bands, indicating strong selling pressure.
On the smaller timeframes, we see a 'bear flag' formation; if it breaks below the key support, it could target lower levels around 55k-50k or even the 40k range. Conversely, if it holds above 60k with a volume surge, we might see a double bottom or even a triple bottom formation.
The rest is up to time. #SpaceX股价盘前跌4.6% #伊朗原油降价
On the smaller timeframes, we see a 'bear flag' formation; if it breaks below the key support, it could target lower levels around 55k-50k or even the 40k range. Conversely, if it holds above 60k with a volume surge, we might see a double bottom or even a triple bottom formation.
The rest is up to time. #SpaceX股价盘前跌4.6% #伊朗原油降价