Gate.io Index: BTC may enter overbought territory.
According to Gate.io Global Trading Data, the spot price of BTC was $ 11,982.29 at 3:30 p.m. on August 10, below $ 12,000 this morning, before falling to $ 11,980. It closed yesterday at $ 11,681.29 and today showed a full increase in the slowdown. If the pattern doesn't change, it should break through last year's strong resistance at $ 12,200, and once it doesn't break above $ 12,000 in the long run, we're not ruling out a decline. With gains all day, the retracement doesn't seem to drop below $ 11,900. Since yesterday the golden fork of KDJ, our key is now close to 80 and able to enter the overbought zone. In the short term, there may be situations where the order will be very strong, so there is a risk of purchasing. careful reminder. Currently on Gate.io, BTC is $ 11,982.29 (2.24%), ETH is $ 395.15 (0.09%) and EOS is $ 3.0578 (0.08%).
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