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Morning Bitcoin Analysis
Last night, Bitcoin surged to around 70,300 but immediately pulled back. This morning, it dipped as low as 68,300, showing a typical high-level consolidation pattern.
The overall trend remains bearish, but geopolitical news is very disruptive, disrupting technical analysis and increasing trading difficulty. For now, focus on the range.
A rebound to 69,000-69,300 is likely to be met with resistance and may reverse; a drop to 68,400-68,000 could be a buying opportunity, with targets at 69,300-70,000.
Set your stop-losses properly and avoid chasing highs or selling lows! #加密市场行情震荡 $BTC