Onínọmbà Iye Bitcoin - Bitcoin N wa Ipadabọ Ni ayika $ 9600 Bi Awọn Irẹwẹsi Tita Ta

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Awọn esi

• Bitcoin’s major level for a rebound lies at $9600 support
• If the buyers fail to regroup at this support, Bitcoin would be doomed for short-term bearish

After facing rejection around $10200 yesterday, Bitcoin has further dropped to the $9700 area we mentioned in our previous crypto trading signals. This hourly support has seen a small bounce but the price may keep dropping if the sellers are still showing commitment. If the bulls charge-back, however, Bitcoin would recover quickly towards the previous resistance levels.

Awọn ipele resistance bọtini: $ 10000, $ 10200
Awọn ipele atilẹyin bọtini: $ 9600, $ 9200

Bitcoin (BTC) Onínọmbà Iye: 4H Chart - Bullish

Bitcoin is slowly correcting at the rising wedge’s support of $9600 on the 4-hours. The slight price drop was led by a strong resistance level of $10200. Meanwhile, Bitcoin is still looking bullish on a long-term. We can expect Bitcoin to bounce back once the market test the immediate blue zone of $9600.

From here, the market is expected to buy-back at $10000 and $10200 before breaking higher. If a rebound fails and Bitcoin slumps, the closest support to watch out for is the next blue zone of $9200, right beneath the wedge. This break would trigger a short-term bearish. But as it is now, Bitcoin remains bullish on the mid-term.

Bitcoin (BTC) Onínọmbà Iye: Iwe apẹrẹ wakati - Bearish

On the hourly chart, Bitcoin is slightly bearish and currently trading around the $9700 support which would determine the next direction of the market. Two things are likely to happen here: a break or a bounce. This bearish move was triggered yesterday following a sharp wedge breakdown.

In case Bitcoin manages to bounce from this $9700 support, we should expect an upward price movement in no time. The $10000 and $10200 resistance would be the next target but Bitcoin needs to reclaim a near resistance at $9900. A further bearish move could floor BTC price at $9550 support, in the next blue horizontal zone. Bitcoin may fall heavily if the price drops below this support.

BITCOIN TA TỌ

Ta: $ 9788
TP: $ 9658
SL: $ 9948