Bitcoin $7,000 is stable and upward pressure on $7,380-$7,450
To fundamentally understand this market, Bitcoin itself does not have the ability to generate money, because there is currently no landing application, and no one uses Bitcoin to invest in any physical project because its price is unstable, and the futures market is retail and retail. Fight each other, everything is under the control of the dealer
The hourly K-line has now reached the upper rail in the Bollinger Bands. I suggest that it is now possible to enter the market. The goal is to look at $100 to $200 and pay attention to the $7,400 pressure.
In summary, within the day we sell high and buy low, long $7,120-$7,080, target 7200-7250, stop loss below 7020. Go short $7,350-$7,400, target $7,260-$7,220, stop loss above $7,460
The hourly K-line has now reached the upper rail in the Bollinger Bands. I suggest that it is now possible to enter the market. The goal is to look at $100 to $200 and pay attention to the $7,400 pressure.
In summary, within the day we sell high and buy low, long $7,120-$7,080, target 7200-7250, stop loss below 7020. Go short $7,350-$7,400, target $7,260-$7,220, stop loss above $7,460
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.