Moshin_GW

$BTC/USD, is it stagnant for a while?

BITSTAMP:BTCUSD   Bitcoin
BTC, which dropped sharply last weekend, continues to fall this week.
Especially recently, dominance and volume have been declining, we can see that the number of transactions is decreasing.

There is strong $52,000 support line,on the other hand, the short-term and medium-term moving averages lines of $58,000 and $60,000 become walls
The upside is expected to remain untouched for some time.

However, a break below $52,000 means a breakout of the rising parallel channel.
It can lead to a drop of $48,000 or more.

The market price of patience is likely to continue.

◾︎お勧め取引所【Overbit】
レバ100倍、追証無し、デモトレード!海外口座初心者はOverbit!
Recommend derivatives exchange, free demo available!
www.overbit.com/a/5jejdc

◾︎Youtube:Moshin Channelで仮想通貨相場分析配信中!
www.youtube.com/channel/UCqs2H8Yafu4hdUZclYGch4g?view_as=subscriber
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.