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BTC: high move up
2022-12-13
1186
Fundamental analysis:
Bitcoin remained volatile around 17178. At the first Global Digital Trade Expo Zhijiang Digital Trade Forum, Ant Group Chief Compliance Officer Li Chen revealed that Alipay has joined the digital renminbi acceptance network and is the first payment platform to support digital renminbi wallet fast payment Function, "Starting today, Alipay will gradually open the digital RMB payment function for Taobao users.
Bitcoin BTCUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: In the high-level wide-range shock, the bulls are looking for opportunities to pull up the trend, and the short-term may maintain the shock and move upward, the MACD index is weak on the upper side of the 0 axis, and the RSI index is weak on the upper side of the 50 balance line;
Long-short turning point: 17168
Suppression: 17306, 17420
Support: 17010, 16901
Trading strategy: Bullish above 17168, target 17306, 17420
Alternative strategy: bearish below 17168, target 17010, 16901
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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