Bitcoin quickly rebounded after the price dipped to around $86,600 on the four-hour chart, indicating that the current bottom support is relatively strong.
Currently, the price trend is stabilizing. In terms of technical indicators, the KDJ indicator has shown signs of turning upward, and the bearish momentum has significantly weakened.
For trading, it is recommended to operate within the range of 86,500—87,000. Target levels are set at 89,000—90,000. $BTC
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12.27 $BTC Market Analysis
Bitcoin quickly rebounded after the price dipped to around $86,600 on the four-hour chart, indicating that the current bottom support is relatively strong.
Currently, the price trend is stabilizing. In terms of technical indicators, the KDJ indicator has shown signs of turning upward, and the bearish momentum has significantly weakened.
For trading, it is recommended to operate within the range of 86,500—87,000.
Target levels are set at 89,000—90,000.
$BTC