Bitcoin Analysis Report Today

in #bitcoin6 years ago

I believe that everyone who reads today’s market should be able to understand what is slow. In a day’s time, the shock rises to 100 US dollars, an increase of only 1%. This is the current currency circle. It will also be the main feature of the downturn in the market for a period of time.

As currency prices gradually move into a pressure zone, the power of shorts will reappear with time. From today's hourly chart, it can be seen that the speed of shocks is getting slower and slower, and the intensity is getting smaller and smaller, accompanied by increasing strength. The short-selling power will cause the currency price to rebalance again, and after the balance is over, there will be a period of turbulence down, but the overall market price will still fluctuate repeatedly in the 6700-7400 range. At present, there is a slightly direct downward breakthrough. The kinetic energy of the box, so in the next 1-2 days, still dominate the market shock with some slight adjustments.

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