Currently, Bitcoin has formed a W bottom on the daily chart. It is recommended to go long, as there may be a trap rally, with a rebound towards the weekly MA30 line.
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.
Currently, Bitcoin has formed a W bottom on the daily chart. It is recommended to go long, as there may be a trap rally, with a rebound towards the weekly MA30 line.