PANews news on March 22, according to News.bitcoin, Bitcoin is currently consolidating around $84,160, with prices fluctuating between $83,238 and $84,492. However, market trading volume is low, and traders are focusing on a potential breakthrough in this price range. Mixed signals from oscillators and moving averages indicate hesitation, with the market watching for confirmation above $85,000 to indicate bullishness. If it drops to $83,000, there could be further pullback. Despite recent rebounds, long-term indicators still lean towards bearishness.
Analysis: Bitcoin momentum shows short-term potential, but still leans towards long-term bearishness on low volumes
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content