The BTC daily chart rose from a low of around 108550 to a high of around 110250 yesterday, closing near 109600. The support level is around 108100; if it breaks below, it could be seen at around 106950. A pullback can be used to enter long positions nearby. The resistance level is near the MA7 moving average; if it breaks through, it could be seen at around 113150. A rebound to nearby levels can be used to enter short positions. The MACD shows an increase in short positions. In the four-hour chart, the support level is around 108350; if it breaks below, it could be seen at around 107650. A pullback can be used to enter long positions nearby. The resistance level is around 111000; if it breaks through, it could be seen at around the MA200. A rebound to nearby levels can be used to enter short positions. The MACD shows a decrease in short positions and there are signs of a golden cross pattern forming.
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.
The BTC daily chart rose from a low of around 108550 to a high of around 110250 yesterday, closing near 109600. The support level is around 108100; if it breaks below, it could be seen at around 106950. A pullback can be used to enter long positions nearby. The resistance level is near the MA7 moving average; if it breaks through, it could be seen at around 113150. A rebound to nearby levels can be used to enter short positions. The MACD shows an increase in short positions. In the four-hour chart, the support level is around 108350; if it breaks below, it could be seen at around 107650. A pullback can be used to enter long positions nearby. The resistance level is around 111000; if it breaks through, it could be seen at around the MA200. A rebound to nearby levels can be used to enter short positions. The MACD shows a decrease in short positions and there are signs of a golden cross pattern forming.