$BTC
This market is 🐮 exciting💉💉
❤️Extreme deep V❤️, you deserve it👙👙
Bitcoin fell to more than 62,200 yesterday
Falling below the 30-day moving average and 120-day moving average in a row
This strong support moving average looks like it has no support, it just falls
As a result, when I woke up, it not only pulled back to 63,000, but directly came to 65,000. Isn’t this a miracle?
Fortunately, it is supported near 62,500. This is the 120-day moving average support and the lower Bollinger band support, and the 30-day moving average and the Bollinger band are both running upward, so I give the reason for support
Yesterday, Grayscale Mini Trust increased its holdings by more than 100 million, and MicroStrategy’s old man Bodhisattva came to the world to collect 2 billion US dollars to buy more Bitcoin. The Americans really buy more as the price falls.
Contracts are getting harder and harder to do now. The chips in the Bitcoin market are hoarded, and the cost of controlling the market by the dealer is getting lower and lower. On the contrary, retail investors see that the price of Bitcoin is getting higher and higher, and they all give up spot and switch to contracts. The result is that the dealer will explode wherever there is more money.
At present, if the contract order is untied, it is recommended to get out first. Although the four-hour bullish engulfment is bullish, it will soon reach the overbought range, and there is a platform suppression at 66,000. The daily MACD dead cross has not been repaired. After the market stabilizes, insert a pin and enter the market again.
I have written before that this decline is to complete the future strong golden cross above the 0 axis, so we continue to pay attention to the repair of the MACD indicator.
Follow the miracle brothers, let us witness the future bit era together.
