Market Analysis: Will We Still See Bitcoin Below $20,000?

特邀专栏作者

2020-12-19 17:16 (UTC+8)

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Whether it is the cross-chain transactions of CDBC in various countries in the future, or the cross-chain transactions of other blockchains, it is inseparable from the intermediate anchor position of BTC.

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BTC market analysis

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BTC market analysis

Grayscale, BB and other global encrypted asset management companies continue to add BTC; the Hong Kong Securities Regulatory Commission also issued the first license for a cryptocurrency exchange, the Hong Kong OSL Exchange; it means that China is on the right track for legal transactions of cryptocurrency, these Changes in fundamentals are promoting BTC to a more central position.Whether it is the cross-chain transactions of CDBC in various countries in the future, or the cross-chain transactions of other blockchains, it is inseparable from the intermediate anchor position of BTC., in the medium cycle, BTC hardly sees the variable factors of falling.

ETH market analysis

Short-term technology, ETH shrinks and converges. The long-term moving average of the 1H cycle keeps up with the short-term moving average and gathers. Around 630 is the central bottom of the 1H cycle. It will not fall below in the short term. 625-630 fell below, and the upward trend changed.

XRP/LTC/EOS/BCH market analysis

secondary titleXRP/LTC/EOS/BCH market analysisBut we still insist on yesterday’s point of view. Except for EOS and our other three currencies, we will focus on the expansion of the global market, and the market is unlimited.