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11.29 Saturday BTC Silk Road Latest Analysis
Yesterday, BTC surged to 93000 before facing resistance and retracing, hitting a low of 90100, currently oscillating around 91000. The weekend market has limited volatility and is likely to maintain a range-bound oscillation pattern.
Key support and resistance levels
Support: 90000
Bull-Bear Boundary: 91100-91800
Pressure: 93000
Intraday trading suggestion:
You can walk in the range of 91600-93000, with the initial target at 90000; if 90000 breaks, continue to look at 89000.
If the 90,000 support holds, you can go long.
Please maintain strict defense.