$BTC



Right now, Bitcoin is squeezed within a range spanning from 85k to 90k

Usually, if price stays too long at either side of the range, it is more like to break out.

Concretely:
▪️ If price remains above 89300$ for a while (top of the range), it is more likely to make an impulsive move to 92k

▪️ If price remains below 85800$ for a while (bottom of the range), it is more likely to break down to 83k

▪️ In any case, shorting the top of the range and longing the bottom is still a good move unless price lingers too long on one end of the range
BTC-0.2%
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
  • 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)