BITCOIN
The total global market value is $1,798.011 billion, with a 24H increase of +6.91%, a 7-days increase of +0.03%. Amongst them, the market value of BTC is $699.215 billion, accounting for 38.89% of the global market value, and the price is $37,300 (+4.56%). BTC contract holdings are ￥5.154 billion, compared with the previous day -75.8%. Argentina’s electricity subsidy policy has pushed residents to turn to Bitcoin mining. From a technical point of view, yesterday bitcoin closed the positive candle with a long tail. The market has continued to fluctuate, but the daily indicators still show bearish signal. H4 graph shows the formation of a W at a low level, and the 5-day moving average adhered to the middle BOLL band, and market sentiment has improved. Overall prioritise operation on the fluctuation zone. The deciding point whether to buy or sell is near 36,000.
Resistance：37900-38800-40000
Support：36000-34500-33400
Disclamer: The report is speculatif and DO NOT guarantee profit. Not financial advice. Please trade at your own risk.