Bitcoin is testing its bull market support band for the first time since the November breakdown—worth keeping a close eye on. This is a critical zone to watch, particularly as the price action develops on the weekly timeframe. The weekly candle closes here will be key in determining whether the support holds or if we see further downside. The technicals are setting up interesting, so traders should monitor these levels carefully over the coming sessions. How the price reacts at this juncture could signal the direction of the next leg.

BTC-0,02%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GateUser-afe07a92vip
· 3h ago
Can this wave rebound? It feels like the support level is about to break again.
View OriginalReply0
BlockchainTalkervip
· 3h ago
actually, if we break this down through the lens of support/resistance dynamics... this is where the real game theory kicks in, ngl. weekly closes are literally the tell-tale sign rn.
Reply0
BlockDetectivevip
· 3h ago
Whether the weekly chart can hold this level is really crucial; if broken, it signals a bearish outlook.
View OriginalReply0
governance_lurkervip
· 4h ago
Wait a minute, can this support hold up? It feels risky.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)