Click on the link to join the meeting directly: https://meeting.tencent.com/p/7890471408
315 International Consumer Rights Day may have an impact on Bitcoin. On the one hand, as regulatory attention increases, relevant departments will strengthen the rectification of financial market chaos. If there are illegal activities such as fraud, illegal fundraising, and money laundering in the Bitcoin market, they will be closely monitored and investigated, which will bring psychological pressure to market participants and lead to short-term fluctuations. For example, when China is cracking down on virtual currency related businesses, the Bitcoin market will be greatly affected. On the other hand, during the 315 period, the media focused on market issues. If negative events related to Bitcoin are exposed, the public will re-examine them, affecting investor sentiment and market confidence, and hindering market trading. In history, Bitcoin has experienced several sharp drops caused by various factors, such as the 85% drop caused by hacker attacks in 2011, the drop from $250 to around $40 in less than a week in April 2013, the drop from $20000 to $3122.28 in 2017-2018, and the drop from about $9000 to $3850 in 24 hours in March 2020 due to COVID-19.
Next, let's take a look at the technical aspect:
Technical analysis of BTC and ETH: Currently, BTC has fallen back to the weekly lower support of around 76000, rebounded to around 84000 pressure, fell below around 70000, broke through to around 90000, ETH has fallen below 2000, defended to around 1750, rebounded to around 1950, fell below 1500, and broken through to 2300. Currently, there are signs of rebound on the daily chart within four hours. If we cannot break through, we can get on the train. So, how can we catch up with this wealth train?
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:
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Official QQ group: 579358784
Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail.
Disclaimers 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.
