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From a historical perspective, Bitcoin always achieved 78.6% Fibonacci pullback before halving

Bitcoin is a decentralized currency that is not controlled by central banks or government agencies. This means that anyone can purchase and hold Bitcoin without being restricted by geography, nationality, or identity

Bitcoin experienced a strong rebound early this week, with prices rebounding from the $27000 range and reaching a local peak near the $27500 level.However, this recovery momentum cannot be sustained for too long

The cryptocurrency market is entering a tumultuous period, with prices fluctuating sharply in the past few weeks.Major cryptocurrencies such as Bitcoin, Ethereum, and XRP may experience instability, thereby changing their value

Hello everyoneI am JingshentongThere is no obvious bearish trend in the currency circle in OctoberBTC has also maintained around $27500 in recent daysThat's pretty good, at least it won't make everyone so anxious anymoreThe transaction volume of shanzhai is still very goodIt indicates that the "panic" sentiment in the market has decreased

The emergence of institutions in the field of encryption has made market participants aware ofBTCMaintain an optimistic attitude towards prices and the future growth of the entire market.Considering these factors, industry experts believe that the price of BTC may experience a bull market in the next 18 months

To learn more about the coin circle, clickContinuously updating,Recently, the Bitcoin market is facing potential downside risks. Although Bitcoin has achieved significant growth in the past few years, where should we focus during this period before the bull market arrivesBitcoin is currently the leader in the cryptocurrency market, but Ethereum is considered to have greater development potential

Famous market analyst Ali Martinez recently shared a Bitcoin (BTC) strategy where traders can use RSI indicators to appropriately grasp market timing.Ali is short sellinganalysisIt is pointed out that in the past month, Bitcoin has consistently displayed Relative Strength Index (RSI) data on the 4-hour chart, which has been proven to be a reliable indicator of local top and bottom

Bitcoin Protocol: The cornerstone of the encrypted worldBitcoin Protocol is the ancestor of blockchain technology, which not only created the first cryptocurrency Bitcoin, but also set a benchmark for the entire cryptocurrency world. This article will delve into the concept of Bitcoin protocol and illustrate how it operates through examples

Will the trend of Ethereum continue to decline?Will Ethereum's trend continue to decline? Today is October 6th at 9:49 am, continuing to analyze Ethereum. Firstly, from the overall trend, the daily trend of Ethereum has been in a downward trend, showing an aspirational state

Investment research firm ByteTree has raised the price outlook of Bitcoin from "neutral" to "bullish" as cryptocurrencies benefit from being a "safe haven" in stock and bond sales.Bitcoin plummeted to $27300 as its rebound above $28000 proved short-lived

The US dollar index unexpectedly strong, rebounding to consecutive new highs; The rebound of Bitcoin has been quite bumpy, and it has never been able to stand firm at 28000, but the point where it should reach will still be explored.The previous article analyzed that there is a high probability of a three wave upward trend in the daily rebound of the pancake, and based on the current trend, four hours should be a rising center