Hello everyone, I am Eleven.In the past few days, it has been discovered that the price trend of Bitcoin BTC seems a bit heavy
Hello everyone, I am Eleven.
In the past few days, it has been discovered that the price trend of Bitcoin BTC seems a bit heavy. Despite multiple attempts to reverse, it has not been confirmed yet.
Here, Eleven has another viewpoint. If the price of Bitcoin BTC can successfully recover from the key price point of 34800 in the future, and at least one or two candle charts appear above this price point, then this will provide the possibility for Bitcoin BTC to move towards higher prices, such as 37300 to 39600.
Bitcoin BTC Today's Market
From the above figure, we can see that Bitcoin BTC has increased by+0.11% in 24 hours, with a 24-hour trading volume of 322500 and a 24-hour trading volume of 80.494 billion.
It is worth noting that if the current consolidation trend continues, we can expect the 32000-33000 level to play a role, but it may also be in the area around 30000. In this case, the key support level for Bitcoin BTC prices will still be around 32000 to 33000, or even around 30000 yuan.
Of course, all of this ultimately depends on whether the Bitcoin BTC price can successfully reach the critical price range of 34800.
Eleven believes that RSI oversold is also an important signal in our exploration of higher and lower daily levels. Because daily HL usually forms when four charts reach oversold. So if the BTC price of Bitcoin cannot stand above 34800 now, then the next 11 predictions are likely to fall. In this case, the support position below will become crucial. Here, I suggest that everyone can continue to follow a wave!
If you have any questions, you can ask me directly. As long as you know it on November 11th, you will definitely know everything!
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