$BTC

BTC Market Analysis

The Bitcoin has started to consolidate here, with the current high around 64000. As long as it doesn't drop below the 80000 USD level, it is slowly moving upwards. We should still focus on the CME gap at 86000 above!

In terms of trend: At a smaller scale, there isn't any significant movement. Last night's data showed fluctuations of just 4000 points. There is decent support at the 80000-80500 range below, and the highs above have also been raised. We continue to monitor the pressure level at 86000.