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Bitcoin's big market is empty, is it still a problem to fall below 9000?
七月说
特邀专栏作者
2020-06-28 02:52
This article is about 730 words, reading the full article takes about 2 minutes
The market is down, and it is a matter of time before it falls below 9000.

Industry information

Industry information

1. The founder of the fraud group Infraud Organization has pleaded guilty and its business involves digital currency transactions;

2. Shandong Port Qingdao Port promotes the digitalization of import delivery through blockchain;

3. Investigation: Large-scale data theft put multiple encrypted domains at risk;

4. Tianjin builds a test field for the digital economy industrial ecosystem;

5. Professor of the Paris Academy of Sciences: BTC has no basic social value, but it can be used to fight against authoritarian regimes;

6. "Blockchain" and "cryptocurrency" dominate active trademarks in U.S. government databases;

8. Deputy Director of the Propaganda Department of the Tianjin Municipal Party Committee: Will seize the blockchain and other outlets to promote the conversion of old and new kinetic energy.

Market review

BTC has fluctuated significantly since the early morning. It fell in a large amount around 3 o'clock, and the lowest fell to 8841 USDT; it rose around 5 o'clock and almost recovered the lost ground, but then fell back again; it is now sorting around 9000 USDT. Mainstream currencies follow suit. BTC is currently trading at 9004.6 USDT on OKEx, a 1.72% drop in 24H.

market analysis

Looking at the 4-hour chart, the market is still in a very weak state. The upper market relies on the pressure of MA5 to continue to decline. , the trend of the market is still in a bearish trend, but after yesterday's market callback, the attached indicators are still in an upward state, and there has been a divergence pattern. This round of market callback is currently showing signs of ending, so today's operation In July (VX: lht159258357), it is recommended not to chase short too much. There is room for a callback in the short-term market. We can see the position around 8900-8800 below the support level. The position is still based on the trend of the interval. After all, after the current market has gone through a sharp drop, it is still treated with the idea of ​​shock within the day.

Operating strategy:

Operating strategy:

BTC
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