Analysis: BTC loses 4-hour support level, with the monthly opening price around $87,600 as a potential target
ChainCatcher news, crypto analyst Lennaert Snyder stated that the BTC price has dropped to around $91,000, and has also broken below the support level of approximately $92,155 on the 4-hour chart, confirming the downward momentum. The analyst himself said he is looking for shorting opportunities, with a final target price at the monthly opening price of around $87,600.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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