Today's market analysis #btc
On March 13, the price reached a peak of 73777, and it has been sideways for 59 days. At the current daily level: the price is running at the end of the triangle, and the oscillation range is gradually narrowing. The first resistance is the middle track of the Bollinger band at 63000, and the second resistance is 64000. The double support level formed by the lower track of the Bollinger band and the lower edge of the trend line is 58500.
Recent short-term operations can be carried out around the 63500-58500 range.
(Only when the BTC price effectively breaks through 64000 can it be considered that the upward trend has returned. Similarly, as long as the market does not effectively fall below 58500, it is not overly bearish)
The short-term volatility is too small now. Be careful of long and short explosions in contracts. Are there any babies who have exploded? Da Piaoliang will take you in! But the premise is that you must have eight abdominal muscles!
