TechFlow news, August 2 — According to cryptocurrency analyst Muro's post on social media X, Bitcoin (BTC) has broken below the channel pattern and is undergoing a move that could be a bearish retest. Muro stated that although he is reluctant to turn bearish, BTC needs to reclaim the upper side of the channel pattern to restore bullish expectations. Otherwise, Bitcoin may experience a cascade decline as he mentioned yesterday. Muro advised investors to carefully manage risk.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号




