The latest candlestick chart shows that BTC prices have gained support around $83900 after experiencing a sharp decline and are showing signs of stabilization. It is worth noting that there have been multiple large buying orders emerging in the region, indicating that the main funds have begun to actively intervene and intend to support the market.
From the 90 minute structure, the price hit the bottom this morning and rebounded strongly, with stable support below. As long as it can hold steady at $84000, it is expected to start a new round of rebound.
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The data is sourced from the PRO member's [BTC/USDT Binance 90 minute] candlestick, for reference only, and does not constitute any investment advice.
