$BTC

[BTC Market Analysis This Week] 9/16

Returning to last week's market, the non-agricultural data released on September 6th was bearish at 53,000, and the market was in a volatile upward trend in the later period, with a range of 53,000-(60,500-61,300). The market is basically consistent with the analysis and prediction.

Weekly: In the past three weeks, the market has fluctuated between below ma10 and above ma60. The ma60 support has reached 50,000, the ma10 pressure is 60,600, and the ma20 pressure is 62,400. At present, the weekly KDJ and MACD patterns are chaotic and have no reference value.

Summary: There are opportunities when the market rises to 62,400 and falls to 50,000 points.

Daily line:

EMA double limit and MA60 pressure 60,600, EMA12 track horizontal support 58,200

MA10 and MA20 golden cross point at 57,700

KDJ high return, MACD below zero golden cross

But the upward angle of DIF becomes smaller, long positions decrease,

VOL short positions increase but are too short

Summary: The daily line is bearish, but there are 58,200 and 57,700 supports, and the historical pattern of the K line is combined, so there is a small probability of reversal.

4 hours:

EMA double limit 58400 support

EMA12 estimated downward pressure, current pressure is 59500

MA60 support 57000

KDJ dead cross bottom edge

MACD high dead cross, short position decreasing

Summary: The market is likely to fall and rise

K-line historical pattern: On the 14th, it has reached the highest pressure level of 60500-61300 given last week, which is 5 days faster than the point I predicted on the 19th, so there was a small weekend fluctuation to level the big rise on Friday, achieving a whole plate effect.

K-line historical triangle trend can be understood as reaching the position of filling the high point.

Summary: The current market has reached the support point of 58200 of the daily EMA12 and the 4-hour double limit, and the daily MA golden cross 57700 point is also nearby, and 58200 was successful after the rising market broke through 58200 many times last week, and the market fluctuated around 58200 for many days

Solid: 58200 is a strong support point

If the market wants to continue to fall, it must pull back to release the space of the indicator, and the market will continue to fall in the next wave.

But we must also consider the suspicion that the market is inducing short selling. The historical trajectory of the K-line 60,500 high point has been filled.

This week's market is the most difficult to determine the trend and point of the year. The 85 Black Swan 48,900 and the 65,000 plunge to only 53,000 were easily analyzed and predicted accurately in advance. I personally still tend to fluctuate and fall in the market. But the current strong indicator analysis proves that it is not enough. Let the market go on Monday, and I will add analysis and explanation later.#BTC☀ #BTC走势预测