What do you think is the next move for $BTC?
Yesterday, I saw $BTC fail to break upwards; those who chased the rally probably got trapped, and then the price dropped quickly.
Now $BTC is around 84200, and here are a few possibilities.
1. It forms a higher low around 83200, then moves back up.
2. It rebounds first, but weakly; watch the price reaction near 85600 to see if it will continue to fall.
3. If it can't hold here, it will continue down below 82000, then look for a chance to go long.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more