This week, the Bitcoin market showed a trend of steady increase and broke through the key resistance level.👉👉👉
Technically, the MACD indicator on the daily chart shows a strong bullish signal, and the price has also held above the key moving average, confirming the short - to medium - term upward trend. Overall, market sentiment is relatively optimistic, and investors' expectations for it to break through the psychological barrier of $100,000 have increased. However, when Bitcoin approaches the $98,000 level, it may form a short - term resistance, and as the price gets closer to the $100,000 mark, the overly optimistic market sentiment also increases the risk of a pullback.
The better than expected performance of the US job market has alleviated recession concerns, boosted the sentiment of risky assets, and provided support for Bitcoin. Meanwhile, the signs of easing in US - China trade relations have had a positive impact on the global financial markets, including the cryptocurrency market.
This week, the Bitcoin market has performed strongly driven by various factors. Both on-chain data and market indicators have shown positive signals. However, during the process of price increase, it's also necessary to pay attention to the potential risk of a pullback.
Technically, the MACD indicator on the daily chart shows a strong bullish signal, and the price has also held above the key moving average, confirming the short - to medium - term upward trend. Overall, market sentiment is relatively optimistic, and investors' expectations for it to break through the psychological barrier of $100,000 have increased. However, when Bitcoin approaches the $98,000 level, it may form a short - term resistance, and as the price gets closer to the $100,000 mark, the overly optimistic market sentiment also increases the risk of a pullback.
The better than expected performance of the US job market has alleviated recession concerns, boosted the sentiment of risky assets, and provided support for Bitcoin. Meanwhile, the signs of easing in US - China trade relations have had a positive impact on the global financial markets, including the cryptocurrency market.
This week, the Bitcoin market has performed strongly driven by various factors. Both on-chain data and market indicators have shown positive signals. However, during the process of price increase, it's also necessary to pay attention to the potential risk of a pullback.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。