VIP MARKET UPDATE: $BTC ➖➖➖➖➖➖➖ Bitcoin experienced a breakout from the triangle pattern, followed by a sharp upward move. However, it faced rejection at the horizontal resistance level.
Currently, the price is retesting above the triangle, with all key EMAs acting as support. This suggests the potential for some sideways consolidation in the short term.
The opening of traditional financial markets tomorrow will be crucial in providing further clarity on the broader market direction. ➖➖➖➖➖➖➖
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.
#NXPC Launchpool #PPI Data Release #Stablecoin Legislation
VIP MARKET UPDATE: $BTC
➖➖➖➖➖➖➖
Bitcoin experienced a breakout from the triangle pattern, followed by a sharp upward move. However, it faced rejection at the horizontal resistance level.
Currently, the price is retesting above the triangle, with all key EMAs acting as support. This suggests the potential for some sideways consolidation in the short term.
The opening of traditional financial markets tomorrow will be crucial in providing further clarity on the broader market direction.
➖➖➖➖➖➖➖