$BTC ‌BTC is moving in a short-term pullback after failing to hold the recent high. On the 1H timeframe, price is trading below key moving averages, showing weak momentum for now.


What indicators suggest:
RSI is near oversold → selling pressure is slowing
MACD still bearish, but momentum loss is visible
Volume is decreasing → panic selling is not strong
Levels to watch:
Support zone: 85.8k – 86.0k
Resistance zone: 88.0k – 89.0k
Outlook (personal view):
Short term: possible sideways move or small bounce from support
Mid term: trend direction will be clearer after reclaiming 88k
If support breaks, deeper correction can’t be ignored
This is just a market observation, not financial advice. Always manage risk and trade your own plan.
BTC0.37%
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)