The recent K-line of Bitcoin shows that the price fluctuates greatly. After the long positive line with the highest price of 61,300 appeared at 13:00 on August 20, the market began to pull back. In the following hours, a series of K-lines with small real bodies and alternating positive and negative shadows appeared.

This shows that the long and short sides are in fierce competition. From 17:00 on August 19 to 07:00 on August 21, the overall trend is downward, especially between 22:00 on August 20 and 02:00 on August 21, four consecutive negative lines formed a short-term downward channel. Thus confirming the downward trend in the short term. #币圈 #币圈超话