Gold crashes, triggering BTC retracement, with 80,000 being the last stubbornness of the bulls. Currently, BTC's daily chart has broken away from the 84,000-95,000 USD consolidation zone, further testing the previous low of 80,000 USD. If the bulls cannot regain 84,000 USD in the coming days and even break below 80,000 USD, it will trigger a new round of sharp decline, with the target being the support zone of 70,000-74,000 USD. In terms of operation, if 84,000 USD is not recovered in time, the decline cannot be stopped. The bearish trend is obvious. Spot positions are on hold, and futures are still mainly short. $BTC daily support level: 80,000, daily resistance levels: 84,000, 90,000

BTC-0,29%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)