In recent days, the trend of Bitcoin has fluctuated greatly within the day, and the overall direction is not clear. Yesterday, the price fell below the important resistance level of 67100 and rebounded quickly, but encountered strong resistance near 67900. After falling back, it rebounded again to around 67800 and is currently fluctuating above 67600. At present,...
The price trend fluctuated greatly in the past few days, but the fluctuation has become smaller in recent days. After rising, it quickly fell, and after falling, it quickly rose. The price always fluctuated up and down. I think many friends who participate in trading feel very confused. In fact, the fundamental reason is that the overall price trend presents a...
From yesterday to today, the price has been fluctuating in the range of 67100-68340. The price just broke through the upper limit of the resistance range of 68340. In the short term, BTC has entered a bullish trend. The main trading idea is to buy when the price falls back to the support level. It is not recommended to sell for the time being. Trading suggestion:...
Currently, BTC has no clear direction, but is fluctuating in the 67450-68830 range. Conservatives can wait until the price chooses a breakthrough direction before opening a position. Radicals can sell near the upper resistance level of 68830 and buy near the lower support level of 67450. Trading suggestions: 1. If the price breaks through 68830, you can buy...
Yesterday, BTC experienced a roller coaster ride. After breaking through the resistance level of 69680, it rushed to around 70600 and fell back quickly. After falling to around 69100, it rebounded to 69800, then fell directly below 69100, reaching its lowest point near 67430. Overall, the tug-of-war between long and short forces is quite fierce and there is...
After the price broke through the resistance level of 69260 over the weekend, it failed to reach new highs after many upward breakthroughs. If the current price wants to continue to break through upward, more buying power is needed. Today the price fell back to around 68130 and then rebounded quickly upwards. The price correction also faces greater resistance, so...
Yesterday, the price rebounded and hit the downward trend line and then began to fall, but the decline was not significant, and then began to rebound and rise. Today the price has broken through the downward trend line and the resistance range of 68800-69100, and has entered an upward trend in the short term. Our trading idea now is to buy when the price falls...
Just released news: The preliminary value of the S&P Global Manufacturing PMI in the United States in May was recorded at 50.9, a new high in 2 months; the preliminary value of the S&P Global Services PMI in the United States in May was recorded at 54.8, a new high in 12 months. The preliminary S&P Global Composite PMI in the United States in May recorded 54.4, a...
BTC broke through 70360 after oscillating in the range of 69160-70360, then the upward trend will continue. However, there is resistance in the 71120-71430 range above. When the price rises to this range, it is likely to fall back, and then the price falls back to the 70200-70500 range to rebound and rise. This is my basic prediction of the next market...
Bitcoin price broke through the resistance levels of 70,000 and 71,000, and encountered resistance near 72,000 and began to fall. At present, the resistance range is above 71600. The price is expected to fall back in the short term. Pay attention to the 69500-70000 range below. If the price falls back to this range, it is likely to rebound and rise. Trading...
Today, the price of Bitcoin broke through the resistance range of 67300-67600, which has been suppressing the price for the past three days. Today’s breakthrough indicates that Bitcoin will continue its upward trend. The next step is still bullish. The trading strategy is to wait for the price to fall back to the resistance below and buy. Pay attention to the...
Looking at the daily chart, the 10-day moving average uploads to the 20-day moving average, and the price has risen above the 50-day moving average. This is a bullish trend. Therefore, the price is likely to rise in the future. Judging from the 30-minute chart, the price encountered resistance in the 67240-67480 range and is currently in the callback stage. If...