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Cryptocurrency academic: bitcoin traded sideways at 10.18, how to seize opportunities in the fluctuations? Reference to the latest market analysis.
The current price of bitcoin is 67300, it's now half past eight in the morning peking time. The daily candlestick just closed, encountering major support at 68400 as expected. The support is effective, and as anticipated, it is not expected to break the previous high in the short term. However, defense measures should still be taken as the market enters consolidation at high levels. For short positions, the remaining strategy is to wait it out. Only those who can endure loneliness can protect prosperity. It remains to be seen whether everyone can handle the psychological pressure brought by the market fluctuations.
Is the impact of 10.18 bitcoin hitting 0.07 million points causing a shock a buildup or a failed impact?
From various aspects of the situation and technical analysis, we still remain bullish on breaking through the upside after a slight pullback!
Bitcoin surged 13% in a week. Is this a signal that Trump will win the election?
In the past seven days, bitcoin has surged by about 13%, with some investors seeing this rise as a signal of market expectations for the victory of Republican candidate Donald Trump, who is seen as crypto-friendly, in the US presidential election.
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Bitcoin and ethereum are about to break out. Will the bull market start within 2 weeks? Retail investors' fear of missing out is intensifying.
After experiencing a major fluctuation with a sharp drop the day before yesterday (15), bitcoin officially broke through $0.068 million and reached a peak of $68,422 in the oscillating rise last night before 20:00. However, selling pressure surged afterwards, currently trading at $67,676, with a 0.61% increase in the past 24 hours.
10.17 Market Analysis: Bitcoin short-term retracement, focus on the support at 65800.
The Dabing approached the vicinity of 68300 last night, reaching the highest point, but did not break through and stabilized at the position of 69000.
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BTC breaks through! Pullback risk appears, will it continue to rise or encounter resistance and fall back? What strategies should be used next?
Investors expect a rate cut in November, so the cryptocurrency market is rising. Bitcoin is taking a break for now but still maintaining its strong position. Market sentiment is volatile, with retail investors' FOMO increasing, which may lead to a short-term adjustment.
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