Market Gate.io: BTC is trading at a high level and listening carefully to continue to reverse differences in market outlook
According to Gate.io market analysis, BTC stalled and began to decline after hitting $ 58,000. Looking at the one hour line, the MACD indicator is crossing over the past 8 days and both lines are slowly going down, but KDJ is coming down and reaching out. oversold territory. He's likely to come back in a few days. In the morning the K-line retreated to the bottom of the BOLL belt and received good support, and all flow was good. Overall, the market needs to adjust for a while or exit the full five wave bull market. Despite strong psychological resistance to historic BTC highs, the CEO of Insman Group, the world's largest hedge fund market, recently said he has doubled his bitcoin count and is allowing BTC users to purchase commodities. and services. If more companies follow in order to stimulate the market, it will lead to more business and income and encourage BTC to strengthen itself further. Recent markets are still volatile, so please manage your business risk.
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