9.12BTC White Market Analysis

In the morning, the price of Bitcoin fell slightly after breaking through yesterday's high point. The current price remains around 58,000 and fluctuates. The 4-hour Bitcoin encounters great resistance and the rise is slightly weak. This is mainly due to the large number of previously locked chips between 58,000 and 60,000. The long and short divergences are obvious. Technically, the Bollinger Bands are slowly closing, and the MACD potential continues to shrink. Bitcoin will fluctuate and consolidate in this area. The hourly Bitcoin shows an open oscillation state. In the short term, both the upper and lower sides are under pressure. The white market idea is to go high and low.

Operation ideas:

It is recommended to rebound to 58,300-58,500 short orders, with a target of 57,300-57,000 and a stop loss of 59,000

The strategy is for reference only. Please control your position and set a good stop profit and stop loss!