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Bitcoin (XBTUSD +BTCUSD)

BITMEX:XBTUSD.P   Bitcoin
The BTC's inflection date is around Oct. 27 due to the BTC's rapid rise.

Since we touched "Trend line started in Financial 2019, we believe that it can be raised at any time.

If it is above 8931 or above the top of the MAX-box section, it is expected to show a good flow in the future.

If it were to fall, 8757 would have to be kept intact so that there would be no major difficulty in advancing.

Altcoins rose along with the sudden increase in BTC, but later, if the movement of funds continued to flow to only BTC, it is expected to impose significant constraints on BTC's price increase.

It is expected that BTC's price increase will be less constrained by the need for funds to move naturally to Altcoins to create an overall upward trend in the coin market when the BTC takes its place and rest.

The BTC's move is considered to be a good one to watch until Oct. 28.

I think this rise is a signal of a rise.



[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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