Bitcoin is in a weak rebound phase on the 4-hour timeframe after dipping to 86,542 yesterday, with trading volume continuously shrinking, highlighting holiday liquidity shortages.



From a technical perspective, the price remains within the retracement zone after breaking above the upper boundary of the downtrend channel. The MACD histogram is weakly bullish, and the fast line is below the zero axis. The rebound momentum is only sufficient to support range-bound oscillation, with no signs of trend reversal.

Bitcoin: around 88,500, target 86,500 #BTC
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
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)