5.14 Bitcoin has a start signal? A real whale has appeared?

Yesterday afternoon, Bitcoin suddenly rose and directly reached above 63,000. In the short term, it was a very strong rise, but now the rise has stopped and even pulled back. As shown in the figure, the price is now blocked at the previous high point.

From the four-hour level, yesterday's price directly broke through the middle track of the Bollinger Band and just reached the upper track of the Bollinger Band. From the macd below, we can see that a golden cross trend had been formed yesterday. Now the fast and slow lines have come above the zero axis, but the current green long volume column is beginning to shrink.

Then I now think that the price is in a small correction stage, and the target point of the correction is likely to be the middle track of the four-hour Bollinger Band. If the price pulls back to the middle track and continues to rebound, there is a high probability that there will be a breakthrough trend to break through the current upper resistance, and then there is a high probability that the upward trend will start.

If the middle track of the four-hour Bollinger Band cannot support and falls through during the correction, then there is a high probability that the price will fall to the previous low point. Then I think there is a high probability that the price will show a shock box trend, as shown in the figure. After the oscillating trend is over, let's see which direction the price will break through. Now I think the probability of continuing to break upward is very high. ​

Then let's look at two pieces of news. It is observed that whales are currently buying a large amount of Bitcoin and Ethereum. I just showed you yesterday's news that there were whales selling Ethereum, but the number is very small compared to today's. ​

You can compare the number of sales in yesterday's news and the number of purchases in today's news. It is obvious that the purchase is more than ten times the sale. It can be seen that the current big whales still believe that the bull market is still there. Now is the time to wash the next round of surges. The whales are also slowly absorbing funds!

#BTC走势分析