(8/9, Tue) btc rose 2.8% completing N-shaped upward pattern on the daily chart
Yesterday(8/8 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $23168, its lowest as $23150, its highest as $24235, its closing as $23804. Bitcoin declined weakly after Monday's start, reaching a low at 01:30, and began to rise sharply from 04:30, reaching a high above $24k at 12:00 and corrected to close 2.8% up.
Looking at the 4hr chart, it broke through the top of the box for more than 3 weeks and rose above $24k, and it can be seen that there is a possibility of a decline seeing a rsi downward divergence. On the daily chart, the N-shaped upward pattern is being completed starting a new week with a rise, and now it is expected to rise to $26k if it breaks the short-term high.
Yesterday, Ethereum broke through the short-term high, exceeding $1800, which can be attributed to expectations that ETHPOW, which hard-forked after the Ethereum merge upgrade, can be air-dropped.Since the estimated price is roughly 0.1eth, buyers seem to be entering with the idea that it may be attractive to hold Ethereum and get the airdrop.
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