简体中文
ภาษาไทย
繁體中文
Indonesia
BTC: high volatility
2023-03-24
969
Fundamental analysis:
Bitcoin remained volatile around 28327. According to the latest data from the blockchain analysis company Glassnode, as the Federal Reserve raised interest rates by 25 basis points and the Federal Reserve Chairman released a signal, risky assets such as Bitcoin fell. On March 22, it was worth 350 million U.S. dollars Withdrawals from exchanges are the third-highest single-day exchange outflows recorded this year.
Bitcoin BTCUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: high short-term shocks, market bulls pull back again after a short-term high, bullish sentiment remains, MACD indicator hovers above the 0 axis, RSI indicator is on the side of the 50 balance line;
Resistance level: 28819 29362
Support level: 27435 26944
Trading strategy: Bullish above 27978, target 28819 29362
Alternative strategy: bearish below 27978, target 27435 26944
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.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
