4.3 BTC Market Analysis



This week is about to end, and there hasn't been much significant movement. The price has been mainly fluctuating within the range of 65,500-69,300, perfectly following the trend we predicted a few days ago. As we approach the weekend, it will once again be dominated by political factors. Currently, on the 4-hour chart, the price is oscillating at the end of a triangle pattern. As long as it doesn't break above 67,800, we need to be cautious of risks, because the current bullish momentum remains very weak and is still trading around 65,500. In summary, as long as it doesn't break out of this triangle, caution is advised.

Support: 65,500-63,000
Resistance: 67,800-69,300
BTC-0,67%
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