Bitcoin market analysis: how to choose between bullish or bearish

Today's news

In July 2020, the currency circle will usher in several important versions of mainstream currencies, including Ethereum 2.0, TRON 4.0, Cardano Shelley version, Zcash Heartwood version, Cosmos Stargate testnet, Augur V2 mainnet, etc. It is recommended to pay attention to the good news in advance Information, pay attention to currency price fluctuations; XVG and BCD will usher in the halving of block rewards; the official version of Voice, the social product of EOS, will be released.

market analysis

market analysisJudging from the daily chart, although the daily line closed positive, it was blocked around 9300 and began to fall. Yesterday, Xiao Hei also said that the K line was running on the lower track of the middle track of the Bollinger Band. . Sure enough, after the rebound reached around 9300, it fell back to around 9200 today.

Judging from the four-hour chart, after yesterday’s big pie shock, the market began to go up and was under pressure and fell back around 9300. In the short term, the pressure around 9300 is still there, and the 4-hour Bollinger Band middle track is supported around 9150. If it breaks down in the day , then the market may step back below 9100. If you look at KDJ, KDJ is currently starting to stick to the cross. If the interval goes out of the downward opening to form a dead fork, then Xiao Hei (e5c5vqtz7) thinks that he can see below 9100.

Action suggestion

Action suggestion

Near 9300 short stop loss 9500 target to see 9150-9050

(The market changes in real time, and there is a delay in the review of the post. The content of the article is for reference only and should not be used as a basis for making orders)