Tuesday daytime Bitcoin and Altcoin thoughts
On the four-hour chart, Bitcoin's large candlestick with a big bearish drop down to the lower Bollinger Band is not a reversal signal, but rather a healthy pullback and consolidation after a rapid rally. After touching the lower band, the momentum slows down, the bearish energy weakens, and key support zones provide a solid backing.
On the hourly chart, after breaking through short-term support, the price has stabilized around 86,000. The market remains oversold, with persistent selling sentiment, and the technical rebound demand is becoming increas
View OriginalOn the four-hour chart, Bitcoin's large candlestick with a big bearish drop down to the lower Bollinger Band is not a reversal signal, but rather a healthy pullback and consolidation after a rapid rally. After touching the lower band, the momentum slows down, the bearish energy weakens, and key support zones provide a solid backing.
On the hourly chart, after breaking through short-term support, the price has stabilized around 86,000. The market remains oversold, with persistent selling sentiment, and the technical rebound demand is becoming increas


























