(9/12, Sun) btc might fall big one more time considering the lowest volume in a month

in #btc3 years ago

Yesterday(9/11 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $44835, its lowest as $44734, its highest as $45964, its closing as $45156. Bitcoin rose weakly after the start of Saturday, reaching around $45,500, then declined again, reaching a low at 07:30, and then rebounded and rose to near 46k to reach a high at 16:30, and then falling again, ending with a final gain of 0.7%.

Looking at the 4-hour chart, Bitcoin seems to have lost its direction as the price has moved in a narrow range while trading volume has remained low throughout the day. And looking at the daily chart, it closed just on the 50MA support line, and considering the lowest trading volume recorded yesterday during the past 30 days, it seems that it is a pattern that may cause another big decline, so it is worth paying attention to it.

As a news in the cryptocurrency market, it is said that UATP, a global payment system jointly operated by major airlines around the world, has partnered with BitPay to quickly and easily use Bitcoin, Ethereum, Dogecoin, Litecoin and other 6 cryptocurrencies to pay for travel. Currently, the main members of UATP are Aeromexico, Airbus International (British Airways and Lufthansa), APG Airlines, Air Canada, Air China, Air New Zealand, Air New Guinea, American Airlines, APG Airlines, Austrian Airlines, BCD Travel, China Eastern Airlines. , Delta Air Lines, etc.

Imagine a world where millions of people around the world pay for plane tickets in Bitcoin. "The game is over."

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