Bitcoin fluctuates within a narrow range, waiting patiently for the market to restart

Foreword

Bitcoin led the mainstream currency to rise again and then retreated, making a narrow range of shocks. Although pulled up and down, but also liberated a small batch of sets of plates. Gradually oscillate upwards, time to change space, waiting for everyone to lose patience is the time when the bullish trend restarts.

Most of the previous high-selling highs have already been opened. And the low-leverage multi-single is seeking to solve the set. Once this logic is established, everyone wants to solve the set, then this shock period will take some time. Individuals estimate that it takes between half a month and two months to restart long kinetic energy.

For ordinary investors, don't imagine that you can make a profit ten times a hundred times, and don't think that you can change into a few million in a short time by entering tens of thousands of dollars. The currency circle is not a place for ordinary people to make money, but a place to cut people. If a small white currency can be profited ten times, there will be no negative news, and there are no poor people in the world. Solid trading, and gradually capital accumulation, compound interest is the biggest force.

In the past six months, the spot has doubled more than one single, and from the beginning of the year to now, it has already earned ten times of profits. The long-term layout is not too late, and bitcoin and mainstream currencies are potential stocks. Ask yourself, have been short-term God operation, can you outperform the market?

• Quote analysis: the shock market is nearing the end, waiting for more hair
• Dragon White: Libra is a skyscraper built on the beach
• Chinese Culture News: The “Testing Water” Blockchain in the Copyright Industry

 

Market analysis

The following analysis data are from Huobi

Bitcoin BTC:

Long time no analysis of the small time level of the market. It can be seen from the 15-minute K-line that Bitcoin began a more neutral rebound along the trend line after rebounding to a peak of $11,800.

In the past 48 hours, the overall volatility trend has been fluctuating in a narrow range, proving that not all short-term speculators are in action during this price range. The long-term position holders are also gradually arranging, and the price will fluctuate upward. Of course, when the downside situation is analyzed, and it must be combined with the size of time and time, it is not possible to do translational reasoning, especially short-term short-term. The specific situation in the future will be analyzed in detail, and the analysis of methods is the most important.

The long-term idea remains the same: Bitcoin will continue to rise, expanding the time level to week K, month K, season K, this time the decline is basically just a small adjustment. In addition, the peak of the long cattle with a wavelength of two years is probably between 50,000 and 70,000 US dollars. This is a price range derived from the growth rate model of historical price of bitcoin, which is an ideal peak price.

Litecoin LTC:

Small time-level trends link Bitcoin, but the rebound is relatively weak.

The core idea remains the same: short-term speculation is avoided as much as possible, and the spot is dominated. In addition, if you are not interested in the car and are interested in the Litecoin, you can still buy it in batches, buy it slowly, and keep the bullets to prevent the plunge. Futures are still circumventing, and it is not a good time to make futures.

Nearly 120 US dollars to buy the Litecoin spot long-term holding, the lower the more you buy.

Ethereum ETH:

There is no big action in the big cycle, so the core view remains the same: buy it in batches under $300, and buy it bravely. The ETH/BTC exchange rate is also rebounding, and the resilience is significantly stronger than Bitcoin. Don't be afraid to fall, and don't cut meat. At present, the price has already touched the price range with strong support in the previous period, and can wait patiently for the market to stabilize.

At present, the strength of the rebound is basically linked to Bitcoin, and the enthusiasm for trading is still strong. The second largest currency in the market value will not simply sleep. Long-term hold, waiting for an outbreak.

 

Grapefruit EOS:

The grapevine's small cycle volatility is more extreme, and it has been pulled back several times. It is either a shock bin, or some market chips are acting alone.

In any case, the grapefruit is still consolidating at a low level. Futures will not participate in the future, and the spot will be bought in batches. Prices near the trend line can be bought.

The densely populated grapefruit will also welcome its own independent market and wait patiently.

 

Bitcoin Cash BCH:

Linked bitcoin is basically consolidating on the small cycle trend line.

Bitcoin cash has shown strong resilience recently, and it has not fallen sharply due to the decline of Bitcoin. This situation is also very obvious in other mainstream currencies. It can be expected that once Bitcoin stabilizes, it will give a positive signal, and mainstream coins will take turns to perform long performances. What needs to be done now is not to make frequent shortcomings, but to patiently ambush, do a good position plan, and wait for dozens of point-level explosions.

380~400 US dollars is the quality entry price, buy in batches, the lower the more you buy.

Everyone should continue to learn in the operation and improve their cognitive ability and feeling ability on the disk. Pay more attention to investment risks, properly participate in transactions within your controllable scope, and be responsible for your own transactions.

I will talk about it today, we will see you tomorrow~!

Author: Block pig

We will continue to update Blocking; if you have any questions or suggestions, please contact us!