Tenet2002

Bitcoin failed to break through 51000 and may continue to fluctu

BINANCE:BTCUSDT   Bitcoin / TetherUS
Observing the 4-hour chart, the continuous decline of the K-line and the gradually increasing trading volume, and the large-scale decline, it can be seen that the decline in these days is not a correction. Compared with the purple rectangle range in the front, except for the breakthrough position, the trading volume is enlarged, and the decline behind is all reduced. This is a normal callback. Then the callback position opening a position in the previous article is not established, and the probability is entering a boring sideways concussion. The further operation of taking spot for long-term investment still needs a clear market to give the direction. If the contract transaction wants to be short, we should consider the following is the ultimate support of 46000 prices. The profit margin is about 2000 points. Different people see different people, and wise people see different wisdom. At most, it is more appropriate to rebound empty (rebound to 49200-49400 prices), and it should be noted that the trading volume and K-line must be the small K-line with reduced volume, so as to see the weakness of this wave of rebound and the continuation of the overall bearish trend.
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