Bitcoin is moving sideways and slowly rising, followed by a continuous pump that caused it to briefly break through the 118,000 mark. The altcoins have also broken through the 4,300 mark due to the boost from BTC.


In a slowly rising breakout adjustment posture, the BTC posture has basically no retracement, with about 1000 points taken near 11.8 in the middle of the night and a small exit from the posture.
According to the current trend, BTC is reversing upwards and breaking through the highs of September. It is expected that there may still be a continuation in the morning, with key resistance above to watch at around 119,000, and the focus on resistance around 4,400.
BTC-3,17%
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