Yesterday, the high point of the big cake BTC was 27279.5, closing at 27135
Yesterday, the high point of the big cake BTC was 27279.5, closing at 27135.8, with an amplitude of 1.30% and a decrease of 0.55%. Yesterday, the main trend was sideways, with the closing price at the 5-day line, with multiple forces leading the way in the medium to long term.
Last week, it was analyzed that the trend of the Big Cake BTC now needs to switch to a bullish perspective to view the current trend. It is said that once the Big Cake successfully breaks through 26500, it will follow the trend. However, on September 27th, the Big Cake broke through that position and then inserted a needle downwards. This behavior is expected to scare off the long order holders a lot, and then they will continue to rebound the next day, breaking through 26500 again, and then stand firm at 27000. Today, they successfully broke through 28000. In the past few days, the market has been in line with expectations. Previously, we saw 28100w in the big pie market, but today we have successfully reached our target level. It is not advisable to keep up with the rise now, as there will inevitably be a downward correction.
4h k-line diagram
From today's overall trend, the strength of various parties in the big cake market is very strong. From the 4h trend chart, the big cake has completely separated from the dense trading area below, and the interval below for a long time has a strong support area, laying the foundation for a wave of rising. If the market wants to fall below the 2.5w temporary stage, it is almost impossible to achieve, or as previously mentioned, it is necessary to switch to a long headed thinking. Personal opinion: Go long on dips, do not chase up to prevent the market from becoming too bullish.
Bitcoin BTC Market Analysis (9/27)
Note: The currency market carries risks and caution is required when entering the market.
Risk reminder: The opinions mentioned in this article only represent personal opinions, and the subject matter involved is not recommended. Trading based on this will be at your own risk
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
