Saturday, 2.28, Midday Bitcoin Silk Road



On the hourly chart, the price is declining as expected, stabilizing around 65,000. However, there is clear selling pressure at 66,000. Technical indicators show MACD converging, Bollinger Bands narrowing, and KDJ in oversold territory with a dead cross. The weekend market is not expected to be very active, so short-term trading is possible.

Personal advice, for reference only (strictly set stop-loss)
Bitcoin can be traded around 66,000-67,000, with targets of 64,000-63,000.
BTC-2.06%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)