$BTC BTC is oscillating in the range of 83000-86000, while altcoins are collectively declining. There are concerns about the unclear market trends.
In fact, from BTC's performance, we can see that there is strong resistance above and support below.
Weekly: MA60 support, MACD is approaching the zero line, and VOL has shown small bearish candles for two consecutive weeks followed by a large bullish candle. KDJ has bottomed out and formed a golden cross. Overall, the weekly trend is bullish, and based on the indicators, it is expected to show an upward trend within at most 2 weeks.
Daily is leaning towards bullish, while 12-hour, 6-hour, and 4-hour are leaning towards bearish, but the weekly trend is bullish. Therefore, the market is likely to continue oscillating. At this time, we need to look at short-term indicators, combining the 15M-30M-1 hour indicators with K-lines, and focus on capturing the waves in the market. I want to mention the contract trading method 'Short Exploration' again.
From the K-line, draw the right door pillar base at 82800, and the shoulder of the head and shoulders pattern is at 81300. If the market breaks 82800 and holds, watch for 81300. If the market holds up around 83000, it still needs to correct. The upper resistance is at 86000.
Contract operations are simple. For players who haven't had enough in recent contracts, please take a step back and review, and ask yourself if you are suited for this field. $BTC #BTC走势分析
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