Working hard is not to impress anyone, nor to show others, but to give yourself the right to choose at any time. Bitcoin is following a familiar rhythm again. Today, Bitcoin basically has no fluctuations during the day. It will wait for the strength in the evening. However, the trend is still bullish. After the current decline, it rises step by step. The current price in the morning is 26,600 and continues to be held!


 
Bitcoin's 1-hour moving average golden cross is arranged in a bullish position, opening upward, and the 1-hour upward trend line supports the rise in the price of the currency. Today, after last night's decline, there was basically not much fall back, showing a step-like rise, ready to rise. It will continue to rise today evening, and the decline will basically not be too large, and there will be no new low. Towards the end of the night, the support is all low and long.

 
There is little volatility in Bitcoin, which may give short sellers the illusion of stagflation, but in fact it has not fallen back much, that is, the short sellers have not exerted their strength, so the home field is still in the hands of the bulls. Instead, they are gathering momentum and ready to soar at any time. . The calm before the storm. It is also easier for calm water to stir up bigger waves when the wind picks up. Before the trend changes, stay long until the end and wait for the market to explode!
 
 
Zhou Dongran suggested:
 
Continue to hold more than 26,600, target 27,200, and defend 26,200!
 
Disclaimer: The specific operation is based on real trading, and the operation is for reference only. The above content only represents personal opinions. The article is lagging, and investment is risky. Please be cautious in operation!
 
#Bitcoin# #Ethereum#
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)