Bitcoin market analysis

The price has fallen, through these news, I only think it is a stimulus on the news side, but we have to look at the news from another angle, whether there are some actions covering the crops. At the daily level, this one was swallowed, and one swallowed 12345, that is, the previous five were swallowed. What can hold bitcoin at this minute is the last power point, which is probably the key support of $35,500. That is, if you want to count the key support below, because the rebound of this position is not a very strong key support.

The daily level of Hanatha has fallen below the curve, pay attention to the price of the upper bit. This price is the potential position of support to become resistance, around $36,400. If you look at the short-term, the price of the contract is about 36,377. This one of the potential previous supports now has the opportunity to become a price of the main force. If this is the case, if this position refuses to go down, in addition to the curve falling down, then there is resistance at the top of the box, and it will be tested downward.

Then if you say, I really don't want to operate indiscriminately in the middle of this box, because long is also stopped out, short is also stopped out, then you wait. Either 2B above is bearish, below is bullish, it doesn't have to be 2B, even if it comes to the top, the reverse stop is that there is a stick engulfing the market, you can also do an action called airdrop.

So what about the vibration method now, I think that Ha is a bit of an area where chips are distributed, so whether to verify this area or wait for a 2B action above. As for the downstream, if Bitcoin wants to go down to which liquidity, remember to pay attention to this liquidity, which is about 34,500 US dollars, which is also what we talked about in this point before, if he really comes out with a fake fall below the reverse draw is a good entry point, you can see 38,000.

So now in the middle, if you don't want to be bullish or not bearish, there's a way to do it. In the box, you start a small grid to try it, and then, if you really think that I want to determine the trend, then now the market has to be sure, either there is a rebound in this position, you can be sure that there is a wave of rise, and there is a wave of 2B above, you can be sure that there is a wave of decline.