At the four-hour level, the MACD indicator remains in a death cross, with the green histogram continuously expanding. The momentum of the candlestick remains unchanged, and the KDJ three-line indicator is hovering at low levels without a clear turning signal. The rebound strength is very weak. Since the price was pressured and fell from the high point, a clear downward channel has formed at the four-hour level. The MA144 and MA169 moving averages are support levels that are precariously holding.
Personal advice, for reference only (strictly set defensive measures) Bitcoin around 93500, see a rebound at 94500, target 92000, 90300$BTC
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1.20 Tuesday Intraday Bitcoin Analysis
At the four-hour level, the MACD indicator remains in a death cross, with the green histogram continuously expanding. The momentum of the candlestick remains unchanged, and the KDJ three-line indicator is hovering at low levels without a clear turning signal. The rebound strength is very weak. Since the price was pressured and fell from the high point, a clear downward channel has formed at the four-hour level. The MA144 and MA169 moving averages are support levels that are precariously holding.
Personal advice, for reference only (strictly set defensive measures)
Bitcoin around 93500, see a rebound at 94500, target 92000, 90300$BTC