416 Technical Analysis -- In the process of bottoming out, will the oversold rebound or rise?
------The upper support position of Bitcoin is around 65500-66000. Only after it stands above and stabilizes will the market officially strengthen. Otherwise, Bitcoin is still an oversold rebound shock. It is temporarily believed that the bottom has appeared. The news has a greater impact on the market. Be sure to pay attention to risks in recent contracts.
------This round of Bitcoin halving is about to begin, which is expected to have an impact of about 10 billion US dollars on miners. The number of Bitcoins earned by miners from daily transactions will be reduced by half. At that time, most Bitcoin miners will take the initiative to leave the market.
Daily level market
- The daily level encountered a large-level support rebound, the bottom support is around 60700, the large-level support is around 60000, and the upper pressure is around 66700 and 68300.
4-hour level market
-The 4-hour level fell channel bottom rebounded, and temporarily encountered pressure near the middle track. The upper rail pressure is around 66000, and the lower support is around 62000.
Intraday level analysis
----The bottom of the intraday small cycle appears near 62000. There is a temporary rebound. Pay attention to whether it breaks the short-term downward trend. If it stands above 63800, it is considered to break the downward trend. If it does not stand above, it will test the support position near 63000 again.
Pay attention to the two bottom supports near 62000-62300 at the short-term level. If the rebound is strong, pay attention to the support position near 63000. The upper pressure is near 63800, near 64500, and the large-scale pressure near 65500-66000. #比特币减半 #大盘走势
