Tim-cook

Rising is not so easy, every pressure has temperament

BITMEX:XBTUSD.P   Bitcoin
Btc today's disk analysis:

From the daily view, it has not yet fallen to the next support level, but it is very close.
The amount of decline has not been significantly reduced.
Yesterday was the upper shadow of the decline.
Today, the volume can follow, and the probability will fall a little.
Look at the bottom for about 3500 positions.

In the 4 hours, today's position has been lowered to 0.5.
From the quantitative energy situation in these days,
the amount of increase can be much smaller than the amount of decline.
This small decline callback is morphologically flag-shaped.
Being able to stand at 0.5-0.618 is a high probability. However,
the 4-hour level is still in the downtrend channel and there is no sign of a rise.

Keep the judgment of the bearish.

In 1 hour, there is just a heavy spring, and the bottom bottom is 0.5.
Next, there should be a short situation, but the top pressure is large and the upside is limited.
Let’s see if it can go to the 3590 position.
Stable, it is possible to lead a new wave of upswing.
Otherwise, it continues to fall.

Overall, in the short term, the overall market is empty.

Trading points provide:
BM price points: 3730, 3650, 3590, 3500, 3430
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