Early Comments on Bitcoin Market Analysis on January 7: Gradually Open Up the Road
Today's Information
Today's Information
2. Today's Economic Daily published an article that the demand for cryptocurrencies in the global market has increased. The article stated that the development of global cryptocurrencies in 2020 has revealed new trends. 1. Rapid advancement in rapid trials; 2. Accelerated development of cryptocurrency financial derivatives; 3. Decentralized financing has become the main battlefield for financial innovation. 4. The security of transactions continued to be enhanced. As sovereign countries, mainstream financial institutions, and major market players increase their involvement, cryptocurrencies led by Bitcoin will attract new development opportunities.
Market review
Bitcoin pulled back to around 7300 in the early hours of yesterday, and soon broke out again under the impetus of the lower support. Yesterday’s highest rise was blocked at 7600, and then the price was consolidated at 7500. At 3 o’clock today, the rally continued. So far The upward trend was blocked at 7999, and the price remained above 7900, maintaining an upward attack posture.
market analysis
market analysis
In the attached indicators, the MACD crosses the 0 axis and continues to rise upwards, and the STOCH indicator and RSI indicator rise strongly; overall, the follow-up trend will enter an upward trend, and the outbreak is likely to continue upward; the author Chen Chuchu believes that the upper gap has been opened , the will to attack is in a strong stage, the market outlook is very likely to continue the upward trend and break out, and the operation is mainly based on long orders;
Operating strategy:
Operating strategy:
2. The short-term unilateral high-level layout is the main one, and the layout is around 8300-8400; just leave the market quickly after making a profit;
Message from Chen Chuchu
Message from Chen Chuchu
