#BTC Market Update:


Bitcoin surged to 91,000 last night but faced resistance and pulled back. Short-term longs took profits. The current pullback is a technical correction and not a trend reversal.
Price remains within the 4H upward channel, and the bullish structure remains intact.
Key support: 89,000–88,500
Trading idea: Buy on dips around 89,000 in batches, with a short-term target of 94,000. Exit if it falls below 87,000.

Weekend consolidation is expected, and next week will likely continue to trend upward.
BTC1.51%
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
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)