Bitcoin daily chart shows multiple doji candlesticks, indicating a stalemate between bulls and bears.
The $90,000 level is not only a psychological support but also a resonance support where the 200-period moving average and the lower boundary of the weekly bearish flag converge. Holding this level maintains the bullish structure!
Strong support below is at $87,600 (daily Bollinger Band lower band). If broken, it will trigger a new round of correction!$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 daily chart shows multiple doji candlesticks, indicating a stalemate between bulls and bears.
The $90,000 level is not only a psychological support but also a resonance support where the 200-period moving average and the lower boundary of the weekly bearish flag converge. Holding this level maintains the bullish structure!
Strong support below is at $87,600 (daily Bollinger Band lower band). If broken, it will trigger a new round of correction!$BTC