BTCUSDT 4H | Bitcoin market overview: Local support - $9,170

Hello, dear subscribers! In the last review we discussed the entry of the price of bitcoin in the flat zone $9,300-$9,600.
For today the price of bitcoin is $9,270-$9,300. We are at the lower border of the flat zone. Over the past few days, the Bitcoin price has formed support $9,170-$9,200, the volatility has decreased, we are in a local bullish movement. An exit under the support zone will signal a possible change of the trend to a downtrend, with a target - $8,600-$8,800.
In any case, it is too risky to take a long or short position in the $9,300-$9,600 zone, as neither the bulls nor the bears can confirm their advantage as long as the price is in it.

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