Bitcoin keeps hitting new highs, where is the apex?
Saturday, January 09, 2021, the 26th day of the 11th lunar month [Ji Chou Month Ding Si Day in the Geng Zi Year]
Today's market analysis of Bitcoin and Ethereum, Bitcoin hits a new high, what will happen after Bitcoin breaks through 40,000 US dollars, Ethereum's 2021 bull market price forecast, ETH price will soon reach 1,300 US dollars, how to judge the security of the platform etc......
Today I will tell you about the market trend of Bitcoin and Ethereum
Let's take a look at the trend of Bitcoin
The Bitcoin market continued to hit new highs yesterday, reaching the highest line of 41900, and then after a little consolidation, the diving mode was started, and it went down directly to 2100 points in a short period of time;
This morning, it continued to decline by 3300, and the lowest price reached 38600
After the Bitcoin market broke through the upper pressure line yesterday, it did not succeed in standing firm, and then returned below the pressure line
Through the analysis of the support line, the lower support of Bitcoin is around 39300
The general trend of Bitcoin and ether is bullish, and the operation is mainly low and long
Let's take a look at Ethereum again:
In yesterday's market, compared to Bitcoin, Ethereum was really weak. When Bitcoin hit a new high, Ethereum never broke through the upper pressure line; but when Bitcoin dived, Ethereum followed it down by 150 points , it is estimated that many friends who are long on Ethereum have not resisted this downward wave;
Today's market Ethereum still follows Bitcoin, and the general trend is also bullish, but the lower support is around 1130, and the key positions here need to be focused on!
