Bitcoin surged higher but faced resistance. The bullish outlook remains unchanged. After rising to the 73,715.9 level, it encountered selling pressure and pulled back. The price is closely following the upper band of the Bollinger Bands, with strong resistance at the upper band. Short-term bullish momentum is gradually weakening.
For Bitcoin, suggested buy zone is around 74,000-74,500, with a target of 73,000-71,500. For Altcoins, suggested buy zone is around 2,200-2,230, with a target of 2,100-2,000. #加密市场上涨 #比特币反弹 #美伊局势影响
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QianYutong
· 4h ago
Wishing you great wealth in the Year of the Horse 🐴
3.5 Early Morning Analysis
Bitcoin surged higher but faced resistance. The bullish outlook remains unchanged. After rising to the 73,715.9 level, it encountered selling pressure and pulled back. The price is closely following the upper band of the Bollinger Bands, with strong resistance at the upper band. Short-term bullish momentum is gradually weakening.
For Bitcoin, suggested buy zone is around 74,000-74,500, with a target of 73,000-71,500.
For Altcoins, suggested buy zone is around 2,200-2,230, with a target of 2,100-2,000. #加密市场上涨 #比特币反弹 #美伊局势影响