#BTC 【Image Analysis: Bitcoin's Precise Prediction Yesterday】
The current price of Bitcoin is over 90,900. Please refer to the text below and (Figure 1). Yesterday, we mentioned that there was support near the Bollinger Band middle line and trend line on the daily chart around 89,000. Yesterday, the price indeed touched near this level and rebounded. Currently, as shown in (Figure 2), it has rebounded above the previous support-resistance reversal neckline, offering potential to retest the previous high of over 94,000.
Trading suggestion: Use the Bollinger Band middle line and green support trend line as a defensive level. If broken below, exit the position. Take profit above the previous high of over 94,000.
$BTC
{future}(BTCUSDT)