The latest Bitcoin market shows a significant pullback yesterday, with a large bearish candle appearing on the daily chart. Nevertheless, the overall trend still maintains the pattern of several bullish candles followed by a bearish one, with prices remaining at relatively high levels. In terms of technical indicators, the auxiliary chart shows that the golden cross pattern is still continuing, indicating that the long-term upward trend has not changed.



However, yesterday's significant decline has interrupted the momentum of continuous increases. Considering the time factor as the weekend approaches, the market is likely to enter a correction phase today. Investors should closely monitor short-term price fluctuations, while not overlooking the fact that the long-term trend still leans towards positivity.

In this market environment, it is advisable for traders to remain vigilant, guarding against short-term pullback risks while seizing potential buying opportunities. At the same time, keep an eye on the global macroeconomic situation and regulatory trends in the cryptocurrency sector, as these factors may have a significant impact on Bit prices.
BTC-2.18%
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GweiTooHighvip
· 13h ago
Remember to buy the dip, you fools~
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EyeOfTheTokenStormvip
· 08-17 02:38
The MACD golden cross pattern has appeared; it's just a short-term adjustment to wash out the suckers.
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FloorPriceNightmarevip
· 08-15 01:50
Daily lying flat and rebound haha
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CryptoPhoenixvip
· 08-15 01:46
Every fall is a rebirth. The bull run will favor those who are prepared.
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SelfCustodyBrovip
· 08-15 01:45
amazing bearish increase the position
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nft_widowvip
· 08-15 01:43
Look at this Candlestick retail investor
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