Bitcoin Market Analysis: It hit $11,828.9 early in the morning

Currency holders [BTC/USDT market review] The article given by the currency holders in the early morning is that the daily short signal is obvious, and there are signs of rebound on the 4-hour chart. At present, it can be seen that as the price of Bitcoin rises, it is forced to sell The dead cross trend formed on MA5 and MA10 was interrupted, and the moving average system MA5 and MA10 returned to the bonded state again.

Currency holders [BTC/USDT Market Analysis] In the daily chart, the current market is in the pull-back stage after the pull-up, the Bollinger Bands have further closed, and the middle track in the daily chart and the Fibonacci retracement line at 11391.41 are close to bonding to form a strong support Position, in the MACD volume energy indicator, the short position is initially released, and the fast and slow lines form a dead cross on the water. If the bulls are not strong, the downward trend is obvious.In the 4-hour chart, it can be seen that the price of Bitcoin has risen sharply in the early morning of this morning, and the price of the currency has directly broken through the suppression of each moving average system. The above shows the state of cross star, and in the energy index, the bulls are in the initial release.

Currency holders [BTC/USDT operation suggestions] 1. You can enter the market with an empty order around 11890-11820, with a target of 11560-11650 and a stop loss of 11200.