The pullback of Bitcoin today was actually anticipated, but with the added influence of rising expectations for a yen interest rate hike, there is some uncertainty about whether the short-term support level can hold.
From the Bitcoin URPD chart, it can be seen that there is a large accumulation of on-chain chips around 85,000, so 85,000 may still play a supporting role. If it can hold above the short-term support level of 85,000, then the probability of Bitcoin continuing to rebound to 96,000 will be relatively high.
If it falls below 85,000, it may test the low point of November 21.
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CompositeMaterials
· 18h ago
Just go for it 💪
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CompositeMaterials
· 18h ago
Hold on tight, we are about to To da moon 🛫
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FuckSquid
· 18h ago
Just go for it 💪
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FuckSquid
· 18h ago
Quick, enter a position! 🚗
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FuckSquid
· 18h ago
Hold on tight, we are about to To da moon 🛫
View OriginalReply0
CompositeMaterials
· 18h ago
Quick, enter a position! 🚗
View OriginalReply0
CompositeMaterials
· 18h ago
Traveling is definitely the best way to embellish life.
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The pullback of Bitcoin today was actually anticipated, but with the added influence of rising expectations for a yen interest rate hike, there is some uncertainty about whether the short-term support level can hold.
From the Bitcoin URPD chart, it can be seen that there is a large accumulation of on-chain chips around 85,000, so 85,000 may still play a supporting role. If it can hold above the short-term support level of 85,000, then the probability of Bitcoin continuing to rebound to 96,000 will be relatively high.
If it falls below 85,000, it may test the low point of November 21.