Tonight, the Bitcoin market is showing a critical turning point. If Bitcoin can break through $4302 with a significant volume, it may signal the beginning of a rise trend, and investors might consider going with the flow. However, if the price falls below $4230, it could indicate the formation of a downward trend. In both cases, closely following the changes in volume is crucial, and setting appropriate stop loss levels is also a wise move.



In the short term, if Bitcoin can break through $4349 and stabilize above that level, the next target price may be between $4387 and $4425. This will be an important rising channel that could attract more buying interest.

On the other hand, from a medium-term perspective, if the price falls below $4221, investors should be cautious, as the next support level may be between $4168 and $4077. More seriously, if the $4168 support level is broken and the price cannot rebound quickly, the market may face greater downward pressure.

Overall, the current Bitcoin market is at a critical decision point. Investors need to closely follow these key price levels and make corresponding investment decisions based on the actual market trends. Whether bullish or bearish, risk management is always an indispensable part of investment strategy.
BTC-1.67%
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GasFeeSobbervip
· 6h ago
It's just sideways anyway.
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MysteryBoxBustervip
· 08-19 13:45
The monthly line hasn't closed yet, don't rush.
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¯\_(ツ)_/¯vip
· 08-19 13:38
Both long and short are traps!
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NftBankruptcyClubvip
· 08-19 13:23
Doing Technical Analysis again, acting all high and mighty.
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