Express
Banmuxia: Bitcoin Moving Averages Form Key Resistance, Breakthrough Could Signal Bullish Trend
Summary: According to reports, Chinese crypto analyst Banmuxia released an analysis video today stating that despite Bitcoin falling below $90,000, the trend remains intact. Multiple moving averages on the 4-hour chart have formed key resistance around the $90,500 range. A breakthrough could signal a bullish trend. In addition, Banmuxia has adjusted the profit-taking levels to $96,200, ...
According to reports, Chinese crypto analyst Banmuxia released an analysis video today stating that despite Bitcoin falling below $90,000, the trend remains intact. Multiple moving averages on the 4-hour chart have formed key resistance around the $90,500 range. A breakthrough could signal a bullish trend.
In addition, Banmuxia has adjusted the profit-taking levels to $96,200, $101,600, $110,000, and $112,500 (previously $98,000, $103,300, and $112,500, adjusted dynamically), emphasizing once again that in the context of improved liquidity, assets like Bitcoin are likely to rise.
Tags:
Link: Banmuxia: Bitcoin Moving Averages Form Key Resistance, Breakthrough Could Signal Bullish Trend [Copy]
