On Friday, Bitcoin afternoon thinking analysis!
After a continuous big negative retracement, the 4-hour line of Bitcoin touched the 95600 line in the early morning and stopped rebounding. In the previous article, we gave continuous empty suggestions, including yesterday's bearish 95000 line. The trend was basically in line with expectations. After the decline in the morning stopped, the continuous closing of the K-line with a long lead line contracted and consolidated, and the entity was small. The price of the currency remained between 95500-98000 and oscillated. The strong rhythm of the short position was relieved, the range compression was small, and a sawing rhythm was presented in the short term. The focus is still on the European and American markets. If the currency price does not continue to break down, it is expected to recover after the shock correction.
On Friday, in the afternoon short-term thinking, first refer to the 96000-96500 area and look at the 98000 line. If it breaks, continue to look up. If it does not break, temporarily treat it as a range and continue to seize the short-term profit space. If the market changes, then combine the pattern to arrange it in the market. Pay attention to the changes in the rhythm of strength and weakness. Whether it continues to be a range tug-of-war or an effective breakout determines the continuation of strength and weakness. If you can't do it well, you can't see it clearly, and you must identify the idea! #比特币市场波动观察 #加密市场回调