Bitcoin Chart Update....

The BTC's 50MA and 100MA began to move.

It will soon cross each other.

USDT's dominance is around 1.70.

The flow of TOTAL The intersection of the downtrend line and the uptrend line is short, and TOTAL2 is out of the downtrend line and is near the 73.272B point.

Looking at the secondary indicators of each chart, they will soon cross or cross and remain oriented towards the upward direction.

The most important is the price flow of BTC.
In this chart, the inflection date is from November 25 to December 9.

On the XBTUSD chart, around November 15 is the earliest inflection date.

Currently, BTC's chart shows that the volume of trading is decreasing.
This may be because there is still a week and a half remaining, but we can see a decrease in the overall volume.

When trading volume decreases, fluctuations can occur suddenly, so be careful when trading.

(An inflection day is a day when price changes are severe or the flow can reverse or rebound.)

評論:

Earlier on the XBTUSD chart, "we expect to move between 8931 and 9534 until the next inflection of BTC around November 15." I explained this.

A bit out of here, I can go down to between 20MA and 50MA.
The reason is for the convergence of short-term and medium-term MA.

This is because 100MA> 5MA> 200MA> 20MA> 50MA.