q4yrf4

q4yrf4 Updated 

Yesterday, the price rose again to around 63,700. I said that the price might fall again. Today, the lowest point of the price fell back to around 62,300, but I think the price may continue to fall back to the resistance range below 62,300. From the daily chart, the price is still below the 20-day moving average. BTC has not yet entered the bull market trend from...

q4yrf4 Updated 

Yesterday, the price directly broke through the downward trend line, and the upward momentum was very strong without encountering obvious resistance. From the big trend, BTC currently shows signs of bottoming out and rebounding. Next, we need to change the bearish thinking and trade with the idea of ​​oscillating rise or oscillation. Because BTC has been in a...

q4yrf4 Updated 

As the downward trend line I drew in the picture, BTC has not broken through this downward trend line in the past month. Every time it rebounds to the trend line, it starts to fall. If the price does not break the trend line, the downward trend will continue. Now the price rebounds to the trend line again, and aggressive investors can sell. Trading suggestion:...

q4yrf4 Updated 

Yesterday, the price rebounded to around 62,000 and fell as I predicted, but it fell to around 61,270 and rebounded again, but did not break through the previous high of 62,320. Today, it fell to around 61,140 and encountered resistance again, but from the current perspective, the overall trend is still falling, and the main trading idea is still to short at high...

q4yrf4 Updated 

From the daily chart, BTC is clearly on a downward trend. However, the decline and rise of BTC in the past two days were too large, first falling by about $6,000, and then rising by about $4,000. Due to the large increase, the decline faces many obstacles. Today, the price rose to around 62,460 and then fell to 61,150, absorbing a lot of the upward momentum. If it...

q4yrf4 Updated 

Yesterday, BTC's lowest point fell to around 58450, a large drop, but today's rebound was also large, with the highest point rebounding to around 61600. At present, the rise has encountered resistance and started to fall back. From the daily chart, BTC is already in an obvious bearish trend. The price has fallen below the 50-day moving average, and the 10-day...

q4yrf4

BTC hit a new low today after breaking the 63350 resistance level, and the lowest point just fell to around 60500. From the daily chart, the 60000-61000 range is a dense trading area. The price just fell to this range and rebounded strongly. It is expected that the price will fall again along the general trend after rebounding to the upper resistance level, but...

q4yrf4 Updated 

Yesterday, the price fell below 64,000, and the lowest point fell to around 63,400. It is currently in a rebound phase. From the daily chart, the price has fallen below the 50-day moving average, and the 10-day moving average has crossed the 20-day moving average to form a dead cross, which is an obvious bearish trend. As the trend line I drew in the figure, the...

q4yrf4 Updated 

Today, BTC fell below 64,000. As I drew the downward trend line, the price will continue to fall along the downward trend line in the short term. Our main trading idea is to sell when the price rebounds to the upper resistance range, and be cautious when buying at the bottom. The rebound after yesterday's decline was not strong enough, so no long orders were...

q4yrf4 Updated 

Yesterday I said that the price will continue to rise after breaking through 66,000, but from the daily chart, the general trend of BTC is still downward. The price is currently in a rebound and rising stage. It is expected that it may encounter resistance and fall again when it rises to the resistance area below 67,300. Pay attention to the upper resistance range...

q4yrf4 Updated 

After yesterday's price fell, it rebounded again, but the price is still in the downward channel. The overall trend is still downward. The safest trading idea is to sell when the price rebounds to the upper resistance level. If the price breaks through 65700, the price may continue to rise in the short term. At present, you can focus on 65000-65700. If the price...

q4yrf4 Updated 

BTC has just broken through the two important resistance levels of 66100 and 67000. At present, the long and short forces have reversed. The price has encountered great resistance near 67300. It is currently in a decline phase, but it is likely to continue to rise after the decline. You can pay attention to the resistance range of 66100-66400 below. If the price...

q4yrf4 Updated 

BTC's rebound yesterday was not strong enough, and the price did not reach a new high. After breaking through the 66100 resistance level, the price began to plummet and hit a new low. The overall trend is still fluctuating downward, but the fluctuation range is large. Today's trading idea is to short at high levels. At present, you can focus on the 66100-66500...

q4yrf4 Updated 

BTC continued its downward trend after encountering resistance near 67000. The price just broke through the important resistance level of 65830 and is currently in the rebound stage. BTC continues to be bearish in the short term. You can sell it when the price rebounds to the resistance range of 65830-66100. Target 64500-64800 The above trading suggestions are...

q4yrf4 Updated 

From the daily chart, yesterday's closing was a small positive line, which means that the price encountered effective support near the 50-day moving average, the price decline has stopped, and the bulls are slowly gathering strength and preparing to launch an upward attack. The market trend is likely to be bullish, and the price is expected to fluctuate...

q4yrf4 Updated 

After the BTC price fell below the important resistance level of 65,900 on Friday, the lowest point fell to around 65,000 and is currently in a rebound phase. From the 60-minute chart, the 50-day moving average is running downward and the price is also below the moving average, which is an obvious bearish trend. Even if the price rebounds now, I am still bearish....

q4yrf4 Updated 

Yesterday, the price fell to the 65900-63500 range I predicted and then rebounded, but it has not yet broken through the important resistance level of 67200. Today's price trend is still unclear, and the market volatility is still small. At present, the focus is on the 67200 resistance level and the 65900 upper support level. If the price breaks through 67200, the...

q4yrf4 Updated 

Yesterday, the market experienced a roller coaster trend. At first, I predicted that the price would fall after encountering resistance below 69130, but as soon as the CPI data came out, the price soared directly and broke through the downward trend line. This was obviously an irrational behavior of the market. Later, the price encountered resistance in the rise,...