The weekly price from 109000 to 74500 has a Fibonacci 0.618 level around 96200. After BTC broke through this level yesterday, it forced a strong sideways movement above 96200. The market maker's ability to control the market trend is extremely strong. Is this a bull trap or a real reversal? Don't miss tonight's live channel.
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.
The weekly price from 109000 to 74500 has a Fibonacci 0.618 level around 96200. After BTC broke through this level yesterday, it forced a strong sideways movement above 96200. The market maker's ability to control the market trend is extremely strong. Is this a bull trap or a real reversal? Don't miss tonight's live channel.