Hi everyone
According to the bitcoin chart in the one-hour time frame, the uptrend is not seen as much.
The uptrend line is broken downwards and is inside the downtrend channel, and then its downtrend channel is broken downwards and is in the downtrend trend.
The only hope is that at $ 55,800, it has broken a downtrend (although this is not a sign of a strong uptrend.)
Conclusion: Technically, I do not think the Bitcoin chart is promising, but according to in-network data, companies and individuals are collecting bitcoins at low prices, which could be a sign that Bitcoin is rising to higher prices. Be.
Note: This analysis is for my personal opinion only and is not a trading signal.
According to the bitcoin chart in the one-hour time frame, the uptrend is not seen as much.
The uptrend line is broken downwards and is inside the downtrend channel, and then its downtrend channel is broken downwards and is in the downtrend trend.
The only hope is that at $ 55,800, it has broken a downtrend (although this is not a sign of a strong uptrend.)
Conclusion: Technically, I do not think the Bitcoin chart is promising, but according to in-network data, companies and individuals are collecting bitcoins at low prices, which could be a sign that Bitcoin is rising to higher prices. Be.
Note: This analysis is for my personal opinion only and is not a trading signal.