At the daily level of Bitcoin, the ascending channel has been damaged, and in the current form, it is likely to walk out of the top of the tower. According to the four-hour level chart, the currency price is currently running on the lower track of the Bollinger Band and has walked out of a downward channel. The DIF and DEA double lines are running in a dead line. The MACD short energy column is gradually increasing. There is a clear short position, but the space below is limited in terms of indicators. This is also what everyone thinks. At this time, many investors will grab a rebound here, or hunt for the bottom, so I don’t think there will be a sharp rebound, just go empty.
The 42500-42700 area is empty, and the defensive 43,000 target looks to 41,000-40,500 and continues to hold and look below 40,000.
If the defense of 43000 is swept away, then the downward channel will not be formed. After breaking the defense of 43000, it will directly chase after the trend and directly target the area of 46000.
BTCUSD
The 42500-42700 area is empty, and the defensive 43,000 target looks to 41,000-40,500 and continues to hold and look below 40,000.
If the defense of 43000 is swept away, then the downward channel will not be formed. After breaking the defense of 43000, it will directly chase after the trend and directly target the area of 46000.
BTCUSD