[Bitcoin price analysis] 1.22 morning Bitcoin price analysis and operation strategy
The amount of wealth you can accumulate in your life does not depend on how much money you can make, but on how you invest and manage money. Finding people for money is better than people looking for money. You must understand that money works for you, not you work for money. One more investment understanding, one more opportunity to make money.
Bitcoin market analysis: From an hourly perspective, after the price dropped to a limit of 30,000, the market once again retreated. The low level also fell below the lower Bollinger track. After reaching 28800, it hit the support and started to rebound. The price is now back to the Bollinger track. Inside, there are signs of short-term recovery, and the price is also rising step by step. If the price rebounds back to the 30,500 level, there is still room for upside. On the contrary, the market is blocked at the 30,000 line, and the daily market will be a bearish trend.
Operational recommendations: short around 29900-29800 and target around 29600-29500. In operation, it is recommended to take profit and stop loss, and the specific order shall prevail
The above strategies are only personal representative opinions and are for reference only. The specific operation is mainly based on firm offers. The article is lagging, and investment is risky. Be cautious when entering the market!
Article from: www.gold-typhoon.com.cn