New week, weekly K update, the current price of Bitcoin is still running above the MA5-day moving average, MACD and KDJ indicators maintain a resonant upward trend, BO, LL upper track also showed a slight opening sentiment, as far as this week's trend is concerned, as long as Bitcoin falls back and cannot effectively fall below the weekly K MA5-day moving average support, the price reference is 67500-67000 area, this week's US election confirms that bulls will usher in a new round of rebound.
The daily K column has shown 6 consecutive negative trends, and the MA5-day moving average has slightly suppressed the currency price. (From the indicator, the daily bearish sentiment is relatively strong), but the overall trend of the BOLL band and the MA30-day moving average are still upward. If the short-term bearish retracement cannot effectively break through the weekly K MA5-day moving average support, the currency price reference is in the 67500-67000 area, then Bitcoin still has room for rebound. After all, if the weekly K trend is not destroyed, the daily line will not go too badly. The current daily currency price is under certain suppression near 69500-70000 in the short term. Only when it stabilizes, the bulls will have room for counterattack.
In the 4-hour timeframe. Currently, the coin price is running below the MA30-day moving average and the middle band of the BOLL. In the short term, the coin price is slightly inclined to oscillate and adjust. Combined with the hourly chart, the current market is oriented towards slight oscillation and adjustment. If the coin price cannot effectively break below the short-term support of 67500 during the early morning pullback, then from early morning to the daily update tomorrow, Bitcoin will likely experience a rebound to test the resistance strength around 69500-70000. For the early morning trend, the operation should primarily focus on buying during the pullback. Specific guidance will be based on real-time updates.
Operation suggestion for Bitcoin: Buy between 68000-67500. Target: 69000-69500. If it spikes, look towards 70000. Stop loss: 67100.
For the short term, let's focus here first, and we'll analyze in detail step by step later ~#美国大选后涨或跌? #美联储利率决议来袭