BSG

Since Bitcoin entered a consolidation on October 6, it has tried to break through this range twice, but failed. It seems that a callback is imperative.
But for the moment, btc has not yet fully entered the callback period, so if you are considering actions, you can consider opening long/short positions at the remaining two points.

Good evening, everyone. In the past 24 hours, 22,431 new cases have been confirmed in India. The new crown has cast a shadow over India.

The bitcoin continued to rise last night and began to pull back from 51700. After the price pulled back to 50400, the price rose all the way to today's 55800 line. The day market pulled back again. These days, the trend has been similar during the day and the small pullback began at night. Pulling up, the continuous upward trend continues, entering the one-hour level line to see the white market price reaches a peak during the day, there is a high probability that the price will not continue to break through during the day, so you can rely on the upper high to short rallies, macd's death fork is also formed soon, today's thinking: 55200~55100 enter the field with an empty single, the target is 54700~45200, the defensive position is only 55500

The trend of Bitcoin in recent days is still very regular. Every two consecutive negative lines on the one-hour level line will usher in a wave of increases. Prices are running along the BOLL track. Since 12:00 today, six consecutive positive lines have been closed on the hour line, basically rising overnight. Today, the price of Bitcoin has reached 51293, up + 3%

The bitcoin once again stood above the 50,000 mark after nearly a month. The large fallback is also within normal expectations. It is predicted that there will be a large fallback in the past few days. You can take the lead in the layout and enter the market. The one-hour level line sees that the price starts to fall back when it reaches the BOLL upper rail. The daily line is also close to the BOLL upper rail line. The price rises gradually. The neighborhood of 53000 is used as a reference, and the idea in the evening; enter the field from 49900 to 50000, the target is 51000 to 51600, and the defensive position is 49000. The market outlook is to observe the strength of the callback

Again, the fastest opportunity may be on the simplest line, the resistance of 44000-44500, a breakthrough of the cloud and the trend line, in line with this wave of 3000-4000 US dollars, and more importantly, the upward trend is possible. there were no major fundamentals at all ....... and timeliness nor fit

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Judging from the current trend, the short-term market is a bullish trend (note that it is short-term). It is very likely that there will not be a sharp correction, but will continue to rise. As shown in the chart, in the current consolidation of the "rising triangle", we can obviously see a shrinking consolidation behavior, which is a signal to continue to be bullish.

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