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The market reversed and recovered, and the later period continued to be bullish

子禹论币
特邀专栏作者
This article is about 677 words, reading the full article takes about 1 minutes
Bitcoin's long-term layout is bullish in the later stage.
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Bitcoin's long-term layout is bullish in the later stage.

【News inside the circle】

Hdu encrypted currency trust has suspended new investment. This year's bull market has been very smooth, and Hdu has started the holiday mode at the end of the year. Unlike everyone's panic, it seems to be celebrating the holiday. In July, Hdu also suspended an investment. At that time, he held 386,808 BTCs in his account, and then increased his holdings all the way until today's 576,650 BTCs.

【Market review】

【Market review】

Yesterday, the price went down and went up. The low reached 21906, and the high reached 23639. After completing the test of the low, there was high support. The short-term here shows that the support effect is very obvious. At the same time, the price moved to a higher level at night. The opening price of the day went up again, the high reached 24070 and then fell back under pressure. The current price is running around 23700!

Judging from the daily line, after breaking through 20,000, the pancake also fell below the 5-day line for the first time in the past two days. Judging from the rebound from last night to the present, the reversal strength is still obvious. After all, it has stabilized above the MA5 very smoothly last night. . If the situation remains unchanged before the closing line today, the possibility of a rise in the market outlook will increase. The first strong support below is still 22,000, and the key support is 20,000. If you stand firmly above 24000, you will reach the upper height of 25000 faster!

Judging from the daily chart, in today's operation, we pay attention that as long as the MA5 daily moving average is stabilized, we can still make a large profit layout for multiple orders. The target can be seen around 25000, and then most of the positions will be out. Once the line above 25,000 is stabilized, we can win the remaining positions to 25,600!

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