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Bitcoin bears are gradually becoming stronger, and the strategy is still high-altitude

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特邀专栏作者
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Bitcoin bears are gradually becoming stronger, and the strategy is still dominated by high altitudes.
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Bitcoin bears are gradually becoming stronger, and the strategy is still dominated by high altitudes.

【Today's Information】

【Today's Information】

The Luxembourg Times reports that Deloitte, one of the "Big Four" accounting firms, has now allowed employees to use bitcoin to pay for food at its in-house buffet. Japan passed the law "Amendment of Fund Settlement Law", which officially recognized Bitcoin payment as a legal means, and since 2017, more than 200,000 merchants in Japan have begun to use Bitcoin as this payment method. In Tokyo, well-known electrical appliances sales stores in Japan such as BIC CAMERA have posted notices accepting bitcoin payments, but each order is 100,000 online. Bitcoin is also supported by scanning codes, which is simple and convenient.

The Bitcoin market first fluctuated at the 9250 level yesterday. With the strong short-term sentiment in the later stage, it began to gradually pull back and approached the 9000 mark. Fortunately, it did not hit a new low in recent days, and it did not run until the evening. The lowest point in the period was 9046, and then bottomed out and rebounded, returning to the 9150-line shock. Until now, the market has remained fluctuating around it; however, judging from various indicators, the bearish sentiment is still strong, and there may be a risk of continued downward correction .

Currency Holder 【Market Analysis】

Currency Holder 【Market Analysis】

On the four-hour chart of the short-term cycle, the Bollinger Bands are closed, and the upper suppression position is constantly moving down. If there is no strong breakthrough in the follow-up, the author Chu Chu predicts that the price will have a chance to go below 9,000 within the day. Therefore, it is recommended that you follow the trend and make orders, and do not have reverse thinking. The overall trend is currently fluctuating downwards, and the operation is recommended to be empty orders.

Currency holder [BTC operation suggestion]

Currency holder [BTC operation suggestion]

2. When BTC falls back to around 9050, you can enter long orders, stop loss below 8900, and target 9250-9350.

The market is changing rapidly, and the real-time operation is subject to the intraday. The information and data in this content come from publicly available information and strive to be accurate and reliable.

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