The Americans have no vision. They smashed the market as soon as it opened.
Yesterday, the price of Bitcoin was blocked when it rushed to the 60,000 mark. It had stabilized above 59,000 before the opening of the US stock market. Unexpectedly, after the opening of the US stock market, the Ugly American institutions directly smashed the market to below 58,000. Bitcoin was like a drowning person. He finally swam to the shore. There was an M countryman on the shore who stretched out a leg. He thought he was going to help him, but he kicked him hard.
At this moment, it is still the evening time of the Ugly countryman. Just now, a big negative line directly broke through the 56,000 mark. It has now quickly recovered to above 56,500. At present, it has not stopped falling. If it does not fall below the low point of the pin just now, 55,555 will be the bottom of the past few days.
From the analysis of the K-line, the 1-hour, 4-hour, 12-hour, and daily levels are all in a downward trend. The fear and greed index is 27. Various altcoins have fallen miserably, and most of the leeks have been trapped. The intraday pressure level of Bitcoin is 58,500, and the support level is 55,000.
