BTC



Yesterday, it rebounded quickly by 6%, but this did not change the overall trend direction.
From the daily chart perspective, this level has repeatedly tested the bottom, but the downward trend has not been reversed. Attention should be paid to the fast and slow lines—they must not break below the zero axis, and a golden cross near the zero axis is necessary for the trend to continue. Based on the current situation, the rebound strength is unlikely to be significant. Even with positive news, a rebound to 80K is probably the maximum.
On the 1-hour chart, the price made a second retest and failed to break 71,600, forming a divergence. Therefore, be cautious of the risk of a pullback at the one-hour level. During a pullback, watch for support levels at 68,500–67,500.
BTC-0,57%
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