Over the past seven days, Bitcoin price has experienced ups and downs. The price was 68100 a week ago and has increased by 2.9% during this period. However, there were also lows this week, with the price falling as low as 66,800 at one point. Data shows that the Bitcoin market remained active during this period and showed greater volatility.
The recent official launch of the spot Bitcoin exchange-traded fund (ETF) on the Hong Kong stock market has a certain boost to the price of Bitcoin, causing the price to rise back to above 64,000 within a period of time. At the same time, Bitcoin investor MicroStrategy also acquired more than 9,000 Bitcoins on March 19, making its holdings exceed 1% of the total Bitcoin issuance.
The Bitcoin market has been highly volatile in the past seven days, but the overall trend is still upward. The price was 68100 a week ago and has increased by 2.9% during this period. It’s worth noting that there were also lows during the week, with the price falling as low as $66,858 at one point. These changes reflect market activity and uncertainty, but still maintain an upward trend. As for the recent trading strategy, I recommend buying at the lower shadow line and selling at yesterday's closing price. The upper shadow line will be revised downwards by 100~200, and it will continue to reach below the MA (25) and MA (99) lines and start hoarding Bitcoin, waiting for the next outbreak. $BTC #BTC走势分析 #BTC