Bitcoin closed with a big negative line again. Can $60,000 hold up?
First, the falling short volume and the rising long volume are both weakening
Second, the rising highs are gradually getting lower
Third, the rising speed is relatively slow, but the falling speed is relatively fast
Fourth, yesterday's big negative line engulfed several previous K lines, but the volume did not increase, and came to the support level below
Combining the above 4 points: the market came to the effective support level of $60,000, and the shorts began to shrink, indicating that the market will start to fluctuate here
Many people are worried about whether it will directly break through with large volume and go to $55,000; this depends on the K-line pattern and volume of the market near $60,000
The closing price in September was firmly at $63,500, which shows that the bulls are stronger
It is only the beginning of October now, and it is normal for the bears to struggle. As long as the key position is not broken, the general trend cannot be reversed
The global financial market is boiling, and the currency circle as a new force will definitely not be too bad
Just wait patiently, this big bull market will definitely come
