This morning's rise of Bitcoin is technical. Bitcoin has been consolidating for a week, wearing down market patience. This morning, it broke through a week-long resistance line, triggering some short stop-losses and algorithmic trading, driving Bitcoin's rise. This week-long consolidation has a support line at 83,000 below and a slightly downward sloping resistance line above. From a technical perspective, today it broke through the resistance line. Generally, the support line below is short-term (formed within a week), and under normal circumstances, this support line will also be broken; it's just a matter of time. #比特币 #以太坊
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