We can still hope for a short-term rise

BITCOIN

BITCOIN ANALYSIS

10/8/20220 min read

The price of Bitcoin fell last day. This 2% price drop was accompanied by high intensity, and the price of Bitcoin is back below the $20,000 range and the $19,660-$19,800 support. Bitcoin's current support is now in the $19,300 range, and the lowest valid support is at $19,000, which is Bitcoin's previous bottom. As long as the strong bearish candle does not return below $19,000, we can still hope for a short-term rise in the price of Bitcoin. But if the important support of Bitcoin is broken, this time the range of 19388 to 18530 dollars will be vulnerable.

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