BTCC Intermediate: BTC sees support at 11600 and expects to be stable in the near term.

Bitcoin has been downgraded slightly due to short-term cash outflows, but the market is now hovering between $ 11,600 and $ 11,800 as the market wasn't as scared as it had when it fell. below $ 12,000 last night, ”the BTCC Futures analyst said. . Although it has changed in the narrow, the cow's confidence needs to be restored as the market has not yet played a clear leadership role in the future of the market, and the market will continue to rise and fall. Long-term competition and long-term strength, the strength of Fang support is still a little strong among the seller, indicating that we can exit and enter the small in the long term now. The economy is in decline in many supportive positions based on the allocation of capital.