$BTC Why was Bitcoin so bad yesterday? Behind the price are all buying and selling. From the analysis of inflow and outflow, the outflow of funds from Bitcoin yesterday from 23:00 to 1:00 in the evening exceeded 4 billion. I have never seen such a fierce offensive by the enemy. It must be the elite of the enemy. No, someone will take over if someone smashes. The market is moving forward in the hands of change. The smash is almost done, and it is time for the buyer to exert force.
The daily level fell below the previous low of 63,500, and the lowest was around 62,300. Then it rebounded strongly by more than 3,000 points, and the highest was around 65,600. The daily line closed and stopped falling. It is a relatively positive signal for bulls.
There is no need for a reason to fall. As long as the main force has enough funds or chips, it can control the market. In the absence of major negative factors, the key support level of 63,000 must be entered. Yesterday, we bought the long order at 63,000 and made a profit of more than 2,500 points. At present, if we want to reverse the trend again, we want the big cake to stand on 66,000 to continue to strengthen. At present, it can be regarded as Narrow range of 63000-66000
In terms of operation, the long positions at 63000 have been reduced, and the remaining positions continue to be held. In the future, attention will be paid to whether it can break upward. In the case of weakened supply, it is expected to continue to rebound