BTC 4-hour trend analysis



BTC is currently in a high-level consolidation process, and the price cannot touch the lower edge of the central line, which is a sign of weakness. It is highly likely to test the 110k position again.

If it cannot hold 110k, it will drop to 101k, a decline of about 10,000 points.

Continuing with the previous line of thought, we are soon approaching August in the Gregorian calendar, which also looks like a month of great misfortune according to the Bazi. Positions should primarily focus on defense or layout short positions.
BTC-1.94%
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