BTC Analyses

Bitcoin fell to important support - the lower edge of the upward channel from March 13 and, most likely, for many traders this zone will become a long entry point for another attempt to conquer 10000. Market sentiment does not yet favor active purchases, rather, on the contrary, traders expect a local rise to reopen or add a short, and the breakdown of yesterday's low and a fall below 8700 will be a powerful factor for the prospect of moving to 8500 and further, to 6900.
A bullish picture is still unlikely, but in the case of a confident breakdown of the zone 9200-9300 and some trading, buyers will again seize the initiative.