Click on the link to enter the live stream: https://meeting.tencent.com/p/7890471408
BTC Market Analysis: Trends in the Long Short Game
In the ever-changing cryptocurrency market, the trend of BTC has always touched the hearts of countless investors. At present, the BTC daily chart shows a clear bullish trend, with consecutive days of bullish candlesticks arranged in conjunction with a trend of bottom uplift. Combined with the golden cross formed by the short-term moving average crossing the long-term moving average in the moving average system, it undoubtedly releases positive signals, indicating the potential for upward movement in the medium and long term from a technical perspective, bringing new imaginative space to the market.
However, the four hour level presents a completely different scene. The MACD indicator's double line tends to flatten near the zero axis, with weak and frequent directional changes in the energy column. The BOLL indicator continues to oscillate within the mid track range, indicating that market buying and selling forces are difficult to distinguish between high and low; At the same time, the trading volume has significantly shrunk, further indicating that the power of both long and short sides is temporarily balanced and trapped in a fierce stalemate in the game. The deviation between this daily trend and the four hour level trend exacerbates market uncertainty and puts investors in a dilemma.
It is currently difficult to accurately predict when the long short game will end. From the perspective of key points, if the subsequent trading volume can significantly increase and form an effective breakthrough, when the price successfully stabilizes above the daily resistance level of $86000, the bulls may completely break the deadlock and start a new round of upward trend; On the contrary, once it falls below the support level of $83000, bears are highly likely to dominate the market and trigger a new round of adjustment.
The long short battle of BTC has entered a white hot stage. Will it be a bull rally or a bear counterattack in the future? Follow me for real-time tracking of market trends, in-depth analysis of market trends, and grasping every key node! How can I get there specifically?
Teacher Zhao Yun, who has 9 years of practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in!
Join the Three Kingdoms College Exchange Group to receive more services:
1. Real time troubleshooting (online one-on-one question answering and sorting)
2. Professional technical analysis and theoretical learning
3. Construction and improvement of trading system
4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land!
Official QQ group: 579358784
Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail.
Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.
