Bitcoin pullback adjustment 24-hour fall of 1.35%

[Coin World] Bitcoin continues its volatile trend today, currently priced at $86977.43, having fallen 1.35% in the last 24 hours, with market trading relatively active. After a high retreat yesterday, BTC has been repeatedly testing the 86000-88000 range recently, with trading volume maintained at $45.049 billion. In the short term, Bitcoin faces certain selling pressure, but the holdings attitude of mainstream institutions remains unchanged, and the market is still searching for a new balance point.

BTC-0.63%
View Original
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
  • 3
  • Repost
  • Share
Comment
0/400
ChainMaskedRidervip
· 8h ago
The range of 86000-88000 has been oscillating for quite a while. Since the institutions are calm, I won't panic either; it just depends on who breaks first.
View OriginalReply0
DeFiCaffeinatorvip
· 8h ago
It's just a consolidation with fluctuations, testing repeatedly within this range. The institutions haven't exited, which indicates it still needs to go up.
View OriginalReply0
GraphGuruvip
· 8h ago
The repeated hovering in the range of 86000 to 88000 indicates a lack of direction. What are the institutions still waiting for?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)