AltcoinHunter
1.7 Evening Market Speed Read
Bitcoin plummeted from 93700 all the way down to 91500 before barely stabilizing. Now it's oscillating repeatedly in a narrow range with little momentum.
Looking at the hourly chart, the Bollinger Bands middle band and upper band are both continuously declining, with no signs of the slope narrowing—this indicates the bearish force is far from exhausted. Although the lower band is still present, it's only passive support, hardly qualifying as real support. Each upward rebound attempt is weak, with even the middle band turning downward. Bulls have no real fighting p
Lihat AsliBitcoin plummeted from 93700 all the way down to 91500 before barely stabilizing. Now it's oscillating repeatedly in a narrow range with little momentum.
Looking at the hourly chart, the Bollinger Bands middle band and upper band are both continuously declining, with no signs of the slope narrowing—this indicates the bearish force is far from exhausted. Although the lower band is still present, it's only passive support, hardly qualifying as real support. Each upward rebound attempt is weak, with even the middle band turning downward. Bulls have no real fighting p