Yesterday, BTC again hit the bottom of the pin, the lowest hit $9900 did not appear a new low, the shock range is gradually narrowing, compared with last week's capital inflows significantly reduced, a number of bottom rebound may be the short-term control of the main forces in the test, may also be the main short-term control to harvest profits.
Technically, the K-line MA10 plays a good supporting role, the main defensive force of the bulls is distributed around $9500 to $10000, the pressure level of $10500 is being strengthened, the bottom price has not yet arrived, and you can wait for the back step to build positions in batches without strong bearish results.
The volatility of the market is gradually shrinking, take the chips in hand, the market is about to choose the direction, there is no large capital inflow in the short term, there is a high probability to continue to trade sideways or fall again.
Remember, don't touch futures for a while, don't panic when you fall, if you can fall, you will rise even more.
The author's point of view: wait and see for the time being, hold it in stock, not afraid of it falling, the more likely it will fall.
The market fluctuates quickly, the article has the nature of timeliness, locality, and the risk can not be reminded in time. Please follow me if you like.
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source https://www.reddit.com/r/btc/comments/ioq4wf/btc/
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