Market analysis: Bitcoin has no signs of braking, and institutions are buying and buying like crazy

区块链骑士

特邀专栏作者

2020-11-21 11:58 (UTC+8)

This article is about 998 words, reading the full article takes about 2 minutes

There is no obvious divergence in the main force, but there are signs of strengthening.

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There is no obvious divergence in the main force, but there are signs of strengthening.

Industry news

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Industry news

1. Singapore central bank executive: Singapore central bank is focusing on developing wholesale CBDC

2. OCC pushes U.S. banks to open to cryptocurrency businesses

3. US asset management company DAiM launches Bitcoin 401(k) plan

4. Grayscale Ethereum Trust Fund (ETHE) was approved to be publicly listed and traded on OTC exchanges

5. Morgan Creek and Exos Financial submit bitcoin fund applications to the US SEC

8. BlackRock chief investment officer: Bitcoin is expected to replace gold

BTC market analysis

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BTC market analysis

From the current point of view, the bubble is in the middle stage, and the main force has not shown obvious differences, but there are signs of strengthening. But even so, risk monitoring is still the first priority of holding positions now.

ETH market analysis

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If the main divergence of BTC does not appear, and the leverage position does not increase, the ETH market will not end. Risk reminder: Under the overturned nest, there are no eggs. Once the BTC decline is confirmed, mud and sand will fall.

XRP/EOS/BCH/LTC market analysis

Judging from this round of market conditions, the basis of market consensus determines the trend of market conditions. The market consensus of LTC and XRP is gradually breaking away from ordinary small mainstream coins. After 17 years of dancing with thousands of coins, the market is gradually rational today three years later.