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BH-加密皇
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#btc 【Analysis: Bitcoin Breaks Down Continuously】
The current price of Bitcoin is around 91100. In the chart below, we can see that Bitcoin encountered resistance at around 98000 due to the dual trend lines and fell back. It subsequently broke below the neckline around 95000, and today it has again broken below the upward trend line. It is expected that after the support at the lower blue horizontal neckline is completed, it will rebound to the upper trend line before continuing to break down and fall back.
This wave of rebound has been declared over. We have been reminding that this wave of market rebound is just a fleeting moment, and caution is advised when approaching 100k, to avoid getting caught in the tail-end market.
$BTC
{future}(BTCUSDT)
The current price of Bitcoin is around 91100. In the chart below, we can see that Bitcoin encountered resistance at around 98000 due to the dual trend lines and fell back. It subsequently broke below the neckline around 95000, and today it has again broken below the upward trend line. It is expected that after the support at the lower blue horizontal neckline is completed, it will rebound to the upper trend line before continuing to break down and fall back.
This wave of rebound has been declared over. We have been reminding that this wave of market rebound is just a fleeting moment, and caution is advised when approaching 100k, to avoid getting caught in the tail-end market.
$BTC
{future}(BTCUSDT)
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