1.8 Bitcoin intraday analysis
Yesterday review
Bitcoin fell below 10w again last night. Yesterday’s highest price was 102800 and the lowest price was 96200, with a drop of more than 6600 points. This was just yesterday. The drop was very large. Today’s opening rose slightly and then started a new downward shock.
As early as Monday, I did not make a move after giving everyone a long strategy, because I knew that the market trend in the next two days would be difficult to control, so I stopped. I would only give a stable order.
The rise on Monday and the fall on Tuesday are equivalent to giving hope and making you desperate. Try not to operate the contract yourself when Bitcoin is above 8w without the guidance of professional personnel. Just wait and see.
Intraday direction analysis
The Bollinger band in the hourly line is completely deformed downward, and there are more Yin and less Yang in the picture. The Bollinger band is already moving completely downward. KDJ and MACD are also mainly short. There is no upward trend in the current ranking. Fortunately, Bitcoin will fall further, and may fall to the lower track of the Bollinger Band, which is around 94,000.
For intraday operations, I personally recommend shorting. At around 96,600, arrange short positions, and leave the market at around 94,000. Don't be too greedy.
