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Founder of bitcoin Foundation: pleased with Jack Dorsey's "bitcoin initiative"

2022-06-13
1093
Fundamental analysis:

Bitcoin remained volatile around 29021. Charlie shrem, founder of the bitcoin foundation, said that he was not a "maximizer" of bitcoin, but he was pleased with Jack Dorsey's "bitcoin action", because Jack Dorsey emphasized decentralization and privacy, which everyone in the encryption industry needs.


Bitcoin btcusd - 4-hour K-line diagram display:




Technical comments: it has been kept in the narrow range of the Bollinger belt index channel for a long time, fell below the track to the node near 28853, and then sorted out. The short-term short power has continued to decline. The Bollinger belt index is in a slow opening trend. The MACD index is in a weak position near the 0 axis, and the RSI index is in a shock position below the 50 equilibrium line;


Multi empty turning point: 29393


Pressing position: 30387, 31438


Support position: 28000, 27063


Trading strategy: 29393 down bearish, target 28000, 27063


Alternative strategy: bullish above 29393, target 30387, 31438


The above analysis is a personal point of view and is for reference only.

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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