avatar
Murphy
09-23
This article is machine translated
Show original

The Battle of Key Support and Resistance Levels for BTC This rebound, which started at $108,000, ultimately failed to push BTC above $117,000. As previously analyzed, whether BTC can break above $117K will determine if this is a "strong rebound" or just a "weak bounce." The reason is: $117K corresponds to the largest volume bar in the entire order book, acting as the strongest resistance and gathering a huge amount of short-term bag holders. Whether BTC can break through and hold this level is the best reflection of short-term market confidence.

Murphy
@Murphychen888
09-13
“反弹的极限看到多少?”“这波最高能冲13.7w吗?”.....在这2天的私信中,多数都在问价格预测,而对于类似这样的问题,我都统一回复:先打赢最厉害的那个再说 —— $117,000 (图1) x.com/Murphychen888/…
avatar
Signal Square
Channel.SubscribedNum 46610
From Twitter
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