Bitcoin maintains its support boundary level, holding above the support line. As long as it does not break the new low, it remains the baseline; or if it breaks the new low and then surges straight up, the support at the bottom boundary remains valid. In the new week, the overall key target for upward movement is 93,700. The view that the overall market is oscillating and sideways may not hold for now. It is also approaching a critical point where it either continues to oscillate and sideways trade or breaks out into a sharp decline. $BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin maintains its support boundary level, holding above the support line. As long as it does not break the new low, it remains the baseline; or if it breaks the new low and then surges straight up, the support at the bottom boundary remains valid. In the new week, the overall key target for upward movement is 93,700. The view that the overall market is oscillating and sideways may not hold for now. It is also approaching a critical point where it either continues to oscillate and sideways trade or breaks out into a sharp decline. $BTC