Bitcoin

The major tokens slightly decreased.Daily analysis-2020/05/12

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The major tokens slightly decreased and BTC performed diversely with BSV which BSV showed a strong rise while the BTC had a drop of 3%. After halving occurring, the market shows significant fluctuations. Form the day average line, MACD went high area dead cross above the zero axis which indicates that a short-term adjustment is required. With the long-term average line is still climbing, the longs may continually dominate. Focus on the support $8200 and hold the currencies.

ETH continually drop recently, a sharp call back happened after MACD showing dead cross above the zero axis and with continually long hatching, which means the longs trying to resist during the adjustment. Focus on the supporting point around $180 and buy in at a low.

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