Yesterday(11/17 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $60100, its lowest as $58388, its highest as $60890, its closing as $60356. Bitcoin started falling on Wednesday and broke below $59k again in three hours, hitting a low at 10:30 and then rebounding, reaching a high at 11:45, then declining and consolidating before closing with a final strong flat.
Looking at the 4-hour chart, Bitcoin, which fell below $59k at the beginning of the day, rose above $60k as trading volume decreased, which feels like $60k is being built as a support line. On the daily chart btc also supports the 50MA and the trading volume has increased to some extent, which seems to be the end of the decline, and if there is no big selling again, I guess it is possible to go sideways and then rebound.
In a situation where there is no big news in the cryptocurrency market, it seems that the fall of the dollar index and the US 10-year bond yield in the financial market have calmed the cryptocurrency market. In addition, the fall in crude oil prices and the rise in gold prices seem to have brought about the preference for cryptocurrencies.
I just found out that I can make posts without pictures. boss spirit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I guess posting with pictures takes more efforts and time.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
👍
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit