BTCUSDT 4H | Bitcoin market overview: $9,200 - $9,600
Hello, dear subscribers!
In the last market review we considered the scenario of bitcoin price decline.
Since then, the price has made a reversal, the maximum of which was about $9,600. Despite this, it is too early to talk about the beginning of the upward movement. Perhaps ahead of us is the Flat with the borders of $9,200-$9,600, which are the local extremums of the current trade zone. In order to continue the downward trend, the price should be fixed below $9,100. Remember that from the maximum of June 1 to $10,400, the decline was about 10% and the current situation does not yet tell us about the continuation of the uptrend.
Subscribe to the channel and follow the news of the bitcoin market!
In the last market review we considered the scenario of bitcoin price decline.
Since then, the price has made a reversal, the maximum of which was about $9,600. Despite this, it is too early to talk about the beginning of the upward movement. Perhaps ahead of us is the Flat with the borders of $9,200-$9,600, which are the local extremums of the current trade zone. In order to continue the downward trend, the price should be fixed below $9,100. Remember that from the maximum of June 1 to $10,400, the decline was about 10% and the current situation does not yet tell us about the continuation of the uptrend.
Subscribe to the channel and follow the news of the bitcoin market!
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