1. This view is an experimental new idea, using the total transaction volume of more than 8300 shocks (54 million) to estimate the supply of more than 8300, and then calculating the transaction volume of less than 5600 (53 million) to confirm whether the above supply Full release.
2. The result is very interesting. It can be concluded from the trading volume. In fact, the supply above 8400 is theoretically released below 5600.
3. So this stepped up from 5600, who is the person who is actually buying BTC? Will these purchases form supply again? A
4. Personal opinion is: no!
5. Then, as the Fed continues to have unlimited QE and the inflation effect in the global economic environment gradually appears, it is foreseeable that the price will reach 9550 in a faster time.
6. 9550 is the upper edge of the great triangle shock of the weekly line, and will be an ideal bullish target!
Wish everyone can earn the money they deserve and lose what they deserve!