Last week (9/3-9/9) BTC
price experienced a huge decline, due to too many negative news was released. Observed from the weekly price trend, the highest point of each wave is getting lower and lower and simultaneously the trading volume
does not decrease. This means some bullish
investors might have lost confidence. Besides, the price formation has become a triangle. The support point still locates on 5800, which is the last ditch for BTC
price. If the support is broken, the next support point will be 4000. Then it will have negative influence on BTC
price. Thus, the next two weeks will be a key moment to keep an eye on.
1. 本周(9/3-9/9) 受到眾多負面消息影響，比特幣價格大跌許多，就週線線型而言，高點越來越低，但成交量卻沒有縮減，量價沒有配合，多方信心有鬆動的跡象，對於未來發展並不是一件好事。