2.6 Friday midday market analysis. Currently, Bitcoin should be trading within the range of 59,800 to 73,890. In the short term, a valid breakthrough and stabilization above 65,000 are needed to signal a bottoming out. The long-term trend remains bearish, but an oversold rebound cannot be ruled out. The second wave correction has become more thorough and deeper. This month, there is still a possibility of initiating a third wave upward structure, with a historic six consecutive monthly declines, which could be a huge opportunity or a massive trap. The bottom has now reached the 15-minute level; watch to see if it can move higher. Resistance levels are at 64,601-67,578-71,363, and support levels are at 58,940-55,775.

BTC4,3%
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GateUser-10c62725vip
· 02-08 14:29
Hold on tight, we're about to take off 🛫
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PotatoTomatoSoupvip
· 02-06 04:59
New Year Wealth Explosion 🤑
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UInfinitePossibilitiesvip
· 02-06 04:20
Is Brother Jie live streaming at noon?
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