#BTC Market Analysis 9/3
Yesterday created two new lows, but they were just intraday dips that were pulled back; the price did not break through to continue falling. Over the next two days, it likely won’t drop further, and missing the best breakout-below opportunity
1）The bulls hold the 76600 level, and will once again challenge the two resistance levels at 78300 and 79300. If 79300 is broken, it will enter a dangerous zone and is likely to pull back.
2）This wave of Bitcoin’s rise has not topped yet. The drop from 81500 should be viewed as a corrective adjustment. After a pullback to the 75588-71800 range, it will rise again 📈
Yesterday created two new lows, but they were just intraday dips that were pulled back; the price did not break through to continue falling. Over the next two days, it likely won’t drop further, and missing the best breakout-below opportunity
1）The bulls hold the 76600 level, and will once again challenge the two resistance levels at 78300 and 79300. If 79300 is broken, it will enter a dangerous zone and is likely to pull back.
2）This wave of Bitcoin’s rise has not topped yet. The drop from 81500 should be viewed as a corrective adjustment. After a pullback to the 75588-71800 range, it will rise again 📈
