Kev pabcuam luam tawm. Peb Algo cia li qhib thiab kaw kev lag luam.
L2T Algo muab cov txiaj ntsig tau zoo heev nrog kev pheej hmoo tsawg.
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10 feeb teeb nrog ntau qhov zoo. Phau ntawv yog muab nrog kev yuav khoom.
79% Kev vam meej. Peb cov txiaj ntsig yuav zoo siab rau koj.
Txog li 70 kev lag luam hauv ib hlis. Muaj ntau tshaj 5 khub muaj.
Kev tso npe txhua hli pib ntawm £ 58.
On Friday, the benchmark cryptocurrency dropped as low as $11,200 (previous resistance turned support), before jumping back to the $11,600s level, which is where we’re currently trading at.
Meanwhile, worth mentioning is the effect that Bitcoin derivatives (futures and options) are likely to have on the price action of the cryptocurrency in the near-term. Analysts have pointed out that the funding rate of Bitcoin futures is currently neutral after last week’s positive momentum.
This means that neither longs nor shorts are “over-leveraged.” Usually, neutral funding rates are seen before Bitcoin experiences a leg up.
Cov Tseem Ceeb Kom Saib Tau
History has shown that a parabolic run (a bull-run without corrections) almost always ends badly. A good example is the 2017 bull-run.
Friday’s decline was a healthy correction to the recent bullish trend. The intense dip-buying that was noted after the drop showed just how strong the market was.
On the 4-hour chart, we can see that BTC is forming a rising wedge, which could be a key determinant in the next surge. An upwards breakout above the $11,800 would favor the bulls while a break below the $11,400 level could turn BTC bearish in the short-term. However, a fall from this level will be strongly supported by the 50 HMA ($11,530).
Meanwhile, the path of least resistance remains strongly to the upside as our focus remains on $12,000).
Tag Nrho Cov Lag Luam Cap: $ 357.3 billion
Bitcoin Kev Lag Luam Cap: $ 215.8 billion
BTC Cov Luag Pom Tau: 60.2%
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