简体中文
ภาษาไทย
繁體中文
Indonesia
BTC: Moving up within a narrow range
2023-02-08
1027
Fundamental analysis:
Bitcoin remained volatile around 23219. Bitcoin mining company Hut 8 Mining Corp. announced that it has agreed to approve a final business merger agreement with the board of directors of US mining companies and high-performance computing infrastructure provider US Bitcoin Corp (USBTC). The latter company is Hut 8 Corp.
Bitcoin BTCUSD - 4-hour K-line chart shows:
Brief technical analysis:
4-hour chart: short-term maintenance of high levels and narrow range fluctuations upward, market bullishness began to emerge slowly, bullish momentum is slowly rising, MACD index is hovering weakly near the 0 axis, RSI index is weakly finishing near the 50 balance line;
Long-short turning point: 23114
Suppression: 23425, 23656
Support: 22911, 22723
Trading strategy: Bullish above 23114, target 23425, 23656
Alternative strategy: bearish below 23114, target 22911, 22723
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
