Next hop, what's the situation, DOGE

View Original

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.

44 Likes

Reward
44
49
Share

Comment

0/400

Youduoduo

· 2h ago

On May 16, news reported that Bitcoin has recently risen from $75,000 to $104,000, showing a "step-like" upward trend. However, bulls are currently facing about $120 million in sell orders resistance at $104,800 and $105,000, which has become a major challenge for further increases. Over the past month, Bitcoin has gained 38%, but the current price is fluctuating between $101,000 and $105,000, indicating that the market has entered a consolidation phase. Analysts believe that despite the significant sell pressure, technical indicators show that Bitcoin is still likely to break through resistance and set a new high.

Reply0

SunshineN