Analyst: Bitcoin may see a bullish reversal if it holds steady in the $113,600 to $115,600 range
According to ChainCatcher, Bitcoin Vector analysis indicates that Bitcoin is attempting to return to the $112,000 to $121,000 range. A daily close above $112,000 would be significant, but the truly critical area is between $113,600 and $115,600.
The analysis points out that if Bitcoin can stabilize in this region, it may trigger a bullish reversal, with bullish momentum regaining dominance.
.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"New High" WLD rises to $0.6177, reaching a nearly 3-month peak
Raoul Pal says the trend of asset tokenization is unstoppable.
Citi Turns More Bullish on Bitcoin and Strategy: Here Are the New Targets
South Korea's DRAM exports hit a record high of $33 billion in September.
Crypto prices
More
