Bitcoin receives Doji on the daily line, and the 11,000 mark cannot be held
With the sharp rise of Bitcoin in the past few days, the daily line closed positive continuously. Yesterday’s daily line was in the shape of a cross star, with almost no real part. Then this K line is likely to form a reversal cross star in an upward trend. Today’s daily line Once the line is closed successfully, the 11,000 mark will definitely fall, and the market may usher in a big downturn!
Next, let's take a look at the bitcoin market analysis:
Let’s take a look at the daily chart first: With the sharp rise of Bitcoin, the market has been receiving big positives for the past few days, with the highest touching near the 11386 line. Yesterday’s daily line opened at 11149.4, the highest reached 11294.2, the lowest reached 10834.6, and closed at the 11161.5 line , the overall performance is in the shape of a cross star, with almost no physical part. Today, Bitcoin has a slight rise after the opening of the market, and then begins to fall back. Outside the BOLL channel, the current market is pulling back, supported by the upper track of BOLL, here is the 11,000 mark, but Mr. Yi Tian believes that this point must be broken, and today this mark will definitely be broken. The first support below is in Fiji The 23.6% of the Bonaci retracement line is at the price of 10587.4; the second support level is at the intersection of the blue MA10 and the 38.2% of the Fibonacci retracement line at the price of 10093.3;
Bitcoin daily operation suggestions:
Bitcoin daily operation suggestions:
Bitcoin rebounded to the 11000-11100 area, it is recommended to enter the short position, set the stop loss at 11300, the target is 10800, break the position and continue to look around 10587!
Bitcoin goes down to the 10400-10500 area, it is recommended to enter the market to buy more orders, set the stop loss at 10200, and look at the target range of 10650-10750!
