逸尘-拨云见日
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Bearish
$BTC 8.29 Friday Evening Bitcoin Analysis
Since the high point of 113429, it has continued to decline, effectively breaking below the MA144, MA169, and other short-term moving averages, with the moving average system forming a complete suppression situation. The MACD indicator's dual lines remain below the zero axis in a bearish arrangement; although the green bars have slightly decreased in volume, there are no signs of a reversal in the bearish trend.
Personal advice for reference only (strictly set a defense)
Bitcoin 110800, around 111300 is a short, target 109300, 108000
Since the high point of 113429, it has continued to decline, effectively breaking below the MA144, MA169, and other short-term moving averages, with the moving average system forming a complete suppression situation. The MACD indicator's dual lines remain below the zero axis in a bearish arrangement; although the green bars have slightly decreased in volume, there are no signs of a reversal in the bearish trend.
Personal advice for reference only (strictly set a defense)
Bitcoin 110800, around 111300 is a short, target 109300, 108000
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