BTCUSDT 4H | Bitcoin market overview: $9,200 - $9,600
Hello, dear subscribers!
In the last market review we considered the scenario of bitcoin price decline.
Since then, the price has made a reversal, the maximum of which was about $9,600. Despite this, it is too early to talk about the beginning of the upward movement. Perhaps ahead of us is the Flat with the borders of $9,200-$9,600, which are the local extremums of the current trade zone. In order to continue the downward trend, the price should be fixed below $9,100. Remember that from the maximum of June 1 to $10,400, the decline was about 10% and the current situation does not yet tell us about the continuation of the uptrend.
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In the last market review we considered the scenario of bitcoin price decline.
Since then, the price has made a reversal, the maximum of which was about $9,600. Despite this, it is too early to talk about the beginning of the upward movement. Perhaps ahead of us is the Flat with the borders of $9,200-$9,600, which are the local extremums of the current trade zone. In order to continue the downward trend, the price should be fixed below $9,100. Remember that from the maximum of June 1 to $10,400, the decline was about 10% and the current situation does not yet tell us about the continuation of the uptrend.
Subscribe to the channel and follow the news of the bitcoin market!
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