Bitcoin didn't stop after breaking through $11,000, but accelerated, approaching a 2019 high of $13,900.
But we know that since the introduction of futures trading, especially since CME's involvement in Bitcoin trading, the market has not been a one-sided market.
Every once in a while, there will be a severe earthquake, because the contract to be delivered, long-short sides to close the position, so the market by the futures contract is also inevitable.
So since it will not be a unilateral market, the rise is naturally to fall. We look at the June to July, Bitcoin has more than three adjustments, all over 10%. Entering July, there have been a long unilateral market.
But will the days of the bulls be so easy in August? Given that the goal of eth has been achieved, there is a risk of stagflation of shanzhai coins.
So will Bitcoin follow the adjustment? I think it makes sense to cash in on profits from a long. So here should pay attention to wind control, at least pay attention to the peak divergence trend of the 2 hour.
But we know that since the introduction of futures trading, especially since CME's involvement in Bitcoin trading, the market has not been a one-sided market.
Every once in a while, there will be a severe earthquake, because the contract to be delivered, long-short sides to close the position, so the market by the futures contract is also inevitable.
So since it will not be a unilateral market, the rise is naturally to fall. We look at the June to July, Bitcoin has more than three adjustments, all over 10%. Entering July, there have been a long unilateral market.
But will the days of the bulls be so easy in August? Given that the goal of eth has been achieved, there is a risk of stagflation of shanzhai coins.
So will Bitcoin follow the adjustment? I think it makes sense to cash in on profits from a long. So here should pay attention to wind control, at least pay attention to the peak divergence trend of the 2 hour.
30年的A股投资经历，水平虽然不高，但经验足够丰富。熊市避坑，牛市逃顶，对于新手可能有所帮助。
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
30年的A股投资经历，水平虽然不高，但经验足够丰富。熊市避坑，牛市逃顶，对于新手可能有所帮助。
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.