Is the bull market gone? You must know these key data!
First, let's say that Bitcoin is expected to reach 60,000 today. The market on weekends is generally sideways or slightly up. There are few declines, and there are even fewer big market trends, only one in ten. But the market on Monday is often relatively large, and it will affect the market in the next few days. Although Bitcoin is traded 365*24 non-stop, it has weekends after being controlled by the Americans, and currency practitioners have become Wall Street traders.
Back to today's market analysis: From the K-line, there is a downward trend at the 1-hour level, an upward trend at the 4-hour and 12-hour levels, and the daily level is blocked by M20, which is a market that can go up or down. The intraday pressure level is 61,200 and the support level is 57,600.
