✅ BITCOIN (Analysis)

Обновлено
Bitcoin has fluctuated between the resistance of 21,600 and the support of $ 20,900. Yesterday, a price return was possible due to the price stoppage and the reduction of buyers' power in the resistance range of $ 20,600. This happened, and again, because the general direction of the short-term uptrend is, the movement of bitcoin in the third encounter with the short-term uptrend line has been accompanied by a good reaction.

But in general, at a higher time in the 1 hour time, due to the hidden positive divergence of the RSI, there is a possibility of a price reversal, so if the strong resistance of $ 20,900 to $ 21,600 is not broken upwards, the bottom of the short bullish channel may be broken. There is a time and a return to lower support. For the short term, the Pivot Points indicator can also be used to determine the momentum and direction of the short-term trend.
Комментарий
BTC’s realized volatility (30 days) had reached a new 12-month high, not reached since June of last year when we started a long-term market correction lasting until now. This is a key mid/long-term indicator of what we’re likely to see in the market over the next few months, and we’re more than ready for it.
Bitcoin (Cryptocurrency)BTCFundamental AnalysisTechnical IndicatorsTechnical AnalysistechnicalindicatorsTrend Analysis

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