Overnight Bitcoin both faced pressure and plunged, with the top range quickly breaking below 3000/100+ space.
After a sharp decline, Bitcoin immediately reversed and surged, recovering most of its losses. This morning, it even stabilized above the 93,000 mark. The hourly chart shows six consecutive bullish candles, indicating potential for further upward movement. Key resistance areas to watch are the 94,500-95,000 range.
Bitcoin: 94,200-94,800 range, attitude, 3330-3350 range $BTC
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Overnight Bitcoin both faced pressure and plunged, with the top range quickly breaking below 3000/100+ space.
After a sharp decline, Bitcoin immediately reversed and surged, recovering most of its losses. This morning, it even stabilized above the 93,000 mark. The hourly chart shows six consecutive bullish candles, indicating potential for further upward movement. Key resistance areas to watch are the 94,500-95,000 range.
Bitcoin: 94,200-94,800 range, attitude, 3330-3350 range $BTC