We need to be aware: Bitcoin continues to enter the box, and its near-term strength is expected to remain stable at 10850.
OURBIT Gold Medal Analyst Bi Xiaosheng: Yesterday BTC was the most consolidating trend. The market traded between 10,650 and 10,850 boxes. In the morning the market was pushed closer to 10850 and the downtrend started touching below 10700. Continuing the market this morning, the upside from 10850 was again stuck, and the market quickly traded around 10,900 at 4 p.m. then drop rapidly. So far, the market has traded over 10,800. Measure of the indicator: BTC10850 Lock in and continue up and down As the market has moved above the Bollinger Bands, the MACD rises with the golden cross and the KDJ 3 line is visible, symbol of unit at the bottom of the golden cross. Daily talks are taking place amid the Bollinger Bands, with the 3-line KDJ Jin Cha branch rising and MACD speed increasing Jin Cha Guantou rising. The store tested the 10850 line several times. The top 10900 spindle drops shortly after the test was refused near the top. When the market stabilizes at 10850 in a short period of time, it goes into an uptrend. When 10850 meets resistance, search for 10700 below and follow the corresponding pattern. Be careful with risk management.
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