Aicoin: BTC will consolidate around $42,000 and adopt a wait-and-see approach during the weekend

Bitget App

Trade smarter

Bitget2024/01/27 06:49

Due to the weekend closure of the Chicago Mercantile Exchange (CME), there is a lack of directional market momentum. It is expected that Bitcoin will consolidate within a narrow range.

According to analysis by individual A, Bitcoin will enter a consolidation phase today. The validity period of this analysis is 1 day. Reference points for buying and selling are as follows:

Buy point one: 41500 USDT
Buy point two: 41000 USDT
Long stop-loss point: 40500 USDT

Sell point one: 42000 USDT
Sell point two: 42500 USDT
Short stop-loss point: 43000 USDT

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.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

Data: In the past 24 hours, total liquidations across the network reached $143 million, with long positions liquidated for $84.3764 million and short positions liquidated for $58.4925 million.

Strategy CEO: Will only consider selling bitcoin if the stock price falls below net asset value and new funds cannot be obtained