The current price is at 92,900. After climbing to nearly 94,000 at 2 PM, it pulled back. Although it has now retreated to around 93,000, this upward move has broken above the previous high’s starting point at 93,000.
The key level above is at the 93,800-94,000 range. If it holds above 94,000 tonight, the next likely move is toward the 95,000 breakout shown in Chart 2, and then another push higher!
Don’t try to guess the top, and don’t try to catch the top.
As long as BTC stays above 90,500 in this round, the bullish trend isn’t over. Following the trend means you might miss the absolute highest or lowest entry points, but remember, opportunities are always there, but your long position won’t last forever! Follow Bao’er Jie for comprehensive updates!
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.
$BTC 12.03 Wednesday night update.
The current price is at 92,900. After climbing to nearly 94,000 at 2 PM, it pulled back. Although it has now retreated to around 93,000, this upward move has broken above the previous high’s starting point at 93,000.
The key level above is at the 93,800-94,000 range. If it holds above 94,000 tonight, the next likely move is toward the 95,000 breakout shown in Chart 2, and then another push higher!
Don’t try to guess the top, and don’t try to catch the top.
As long as BTC stays above 90,500 in this round, the bullish trend isn’t over.
Following the trend means you might miss the absolute highest or lowest entry points, but remember, opportunities are always there, but your long position won’t last forever! Follow Bao’er Jie for comprehensive updates!