That support level looks pretty solid to me. If Bitcoin manages to hold around here, we could be looking at a solid bounce incoming. These kinds of technical formations have historically set up some decent rallies, so worth keeping an eye on how it plays out over the next few sessions.

BTC4,49%
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
  • 8
  • Repost
  • Share
Comment
0/400
DeFiDoctorvip
· 01-10 07:11
The consultation records show that this support level does have a bit of a solid foundation, but I am more concerned about whether the liquidity indicators are truly solid enough. No matter how beautiful the historical cases are stacked, they can't outweigh the truth of the funding situation.
View OriginalReply0
BlockchainArchaeologistvip
· 01-09 13:19
The support level is indeed solid; it all depends on whether BTC can hold it... This kind of pattern usually has a good rebound, so the recent trend needs to be closely watched.
View OriginalReply0
SurvivorshipBiasvip
· 01-08 04:52
ngl this support level has indeed held. If Bitcoin can stabilize here... we might really take off.
View OriginalReply0
GateUser-e87b21eevip
· 01-08 02:57
Yes, the support level is indeed solid. It all depends on whether BTC can hold it. If it does, a rebound is definitely coming.
View OriginalReply0
SerumSquirtervip
· 01-08 02:56
ngl, this support level is indeed quite interesting. If Bitcoin can really hold it, a rebound is definitely in order. History always repeats itself, so let's see how the next few days unfold.
View OriginalReply0
CryptoWageSlavevip
· 01-08 02:55
ngl this support level looks really solid this time. If BTC can hold it, a rebound is definitely coming... history speaks for itself.
View OriginalReply0
MetaverseLandladyvip
· 01-08 02:33
ngl this support level can indeed hold steady; it all depends on how BTC moves next.
View OriginalReply0
TokenomicsDetectivevip
· 01-08 02:31
The support level is indeed good, but I'm worried that the big players might want to dump the market again.
View OriginalReply0
  • 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)