SUMMARY OF DEVELOPMENTS & MARKET REVIEW
The 1H candlestick chart shows that Bitcoin has set a much higher price level after a strong breakout, and is currently in a consolidation and technical rebound phase.
* ๐ Price action: In the Asian session, #BTC has been trading stably after holding above the 24h low of 85,157.31 USD. The price has seen a rebound upward toward the moving average line and is currently trading at 86,501.37 USD (+1.38%). Price is making efforts to retest the 24h high zone at 87,278.54 USD.
* ๐ธ Volume & Flows: Market liquidity remains extremely explosive.
$BTC #BTC๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ
The 1H candlestick chart shows that Bitcoin has set a much higher price level after a strong breakout, and is currently in a consolidation and technical rebound phase.
* ๐ Price action: In the Asian session, #BTC has been trading stably after holding above the 24h low of 85,157.31 USD. The price has seen a rebound upward toward the moving average line and is currently trading at 86,501.37 USD (+1.38%). Price is making efforts to retest the 24h high zone at 87,278.54 USD.
* ๐ธ Volume & Flows: Market liquidity remains extremely explosive.
$BTC #BTC๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ