$BTC/USD Market price continues without a sense of direction
We will analyze the market price from BTC 4-hour bar today as well.
Although BTC recently broke through the $34,500 horizontal line and accelerated at a stretch, it plummeted due to the weight of the once profit-taking and the top price.
Before the announcement of important economic indicators such as US employment statistics ahead of tomorrow, the risk aversion mood has expanded, and the price has fallen below $34,500 again.
If you check the moving average line, it is flat.
The fact that the market has been undirected for a while
I understand.
However, various moving averages are becoming denser.
It is also true that the big market is gradually approaching.
So far, the bottom is conscious of $32,800
If it breaks below here, the trend may occur downwards.
I can think of it.
On the other hand, the latest high of $36,500 is likely to be the key.
It seems that we will continue to wait for a while
Be careful with tomorrow's employment statistics.
Although BTC recently broke through the $34,500 horizontal line and accelerated at a stretch, it plummeted due to the weight of the once profit-taking and the top price.
Before the announcement of important economic indicators such as US employment statistics ahead of tomorrow, the risk aversion mood has expanded, and the price has fallen below $34,500 again.
If you check the moving average line, it is flat.
The fact that the market has been undirected for a while
I understand.
However, various moving averages are becoming denser.
It is also true that the big market is gradually approaching.
So far, the bottom is conscious of $32,800
If it breaks below here, the trend may occur downwards.
I can think of it.
On the other hand, the latest high of $36,500 is likely to be the key.
It seems that we will continue to wait for a while
Be careful with tomorrow's employment statistics.
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