November 13, Wednesday, Bitcoin late trading analysis!

​From the technical structure, in the four-hour level, after the operation channel was opened, the price failed to continue outside the upper track, forming a shock correction and causing a large decline. The volume was arranged in a shrinking state and could not be released and supported. The moving average also appeared to be glued and reversed. The small cycle was obviously under high pressure. Under the strong pull-up, it needs a certain amount of consolidation and bottoming. The space below needs further exploration.

In the one-hour level line, the price oscillated at a high level and it was difficult to stabilize. It directly discharged from a high level and went straight to the lower track. The short volume appeared to be arranged and released in a real way, driving the moving average to turn around. There was a certain recovery effect after the downward pin, but it was a normal repair after the return. The short-term correction adjustment demand was strong. In the next idea, we will focus on high altitude.

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