Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC


🚨 Urgent Market Qualification: Fake breakout confirmed, 88,000 regained and lost
Latest Situation:
Bullish Collapse: During our analysis this afternoon, BTC temporarily broke through 88,000 and rose above 88,600, seeming to have a very good outlook. But in the past few hours, BTC failed to hold the gains, quickly fell back and effectively broke through the key support level of 88,000.
Pattern Analysis: The daily chart shows a long upper shadow, confirming that the intraday breakout was a “Fakeout.” The current 87,300 means that 88,000 has once again shifted from support to a heavy “ceiling.”
Current Logic: Since the breakout failed, the market often seeks stronger liquidity below. The current price is sliding toward the lower boundary of the range (86,000). As the weekend approaches, liquidity worsens, watch out for accelerated downward movement.
BTC0,05%
View Original
post-image
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)