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Analyst: Expected to continue probing down to $58,000
Bitget2024/10/09 23:49
According to analyst Ali at X, Bitcoin is currently in a downward parallel channel. After encountering resistance at the upper boundary recently, it may test down to the centerline of $58,000 or even lower to $52,000. If Bitcoin's price cannot break through $66,000, it will be difficult to see a strong rebound in the short term. This fluctuation reflects the market's cautious expectations for Bitcoin's short-term trend.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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