Market Overview and Bitcoin Price Analysis Today (15/11)
MARKET REDUCES STRESS, SHORT-TERM PRICE WILL GROW UP
BTC Technical Analysis
Looking at the H4 frame, we see that the price recovered to the $17,000 zone yesterday. However, the buying force was not strong enough, leading to the price being dumped to 16,200 USD. Immediately after that, the selling force was completely stopped. The price continued to pump to the $16,800 zone.
Consider the short-term trend. The price will recover to the zone of 17,800 - 18,200 USD today and tomorrow.
Today's strategy will be Long/Buy in the 16,700 zone and Short/Sell at 17,800 USD.
Market Overview
FTX has officially gone bankrupt after inexplicably lost at least $1 billion in customer funds after Sam secretly transferred $10 billion to Alameda's backyard company.
According to analysts, the twists behind FTX.com's rapid collapse and its connection to the Alameda Research fund are still waiting to be clarified, but many are concerned that the bankruptcy of FTX.com may be possible. far-reaching influence on Bitcoin.
The slight increase in the price of Bitcoin caused many large-cap cryptocurrencies to bounce. Specifically, Ethereum is up 1.5%, Binance Coin is up 1.4%, Ripple is up 11.6%, Cardano is up 0.8%, Dogecoin is up 2%...
Total market capitalization increased 1.5% to $837 billion.
BTC Technical Analysis
Looking at the H4 frame, we see that the price recovered to the $17,000 zone yesterday. However, the buying force was not strong enough, leading to the price being dumped to 16,200 USD. Immediately after that, the selling force was completely stopped. The price continued to pump to the $16,800 zone.
Consider the short-term trend. The price will recover to the zone of 17,800 - 18,200 USD today and tomorrow.
Today's strategy will be Long/Buy in the 16,700 zone and Short/Sell at 17,800 USD.
Market Overview
FTX has officially gone bankrupt after inexplicably lost at least $1 billion in customer funds after Sam secretly transferred $10 billion to Alameda's backyard company.
According to analysts, the twists behind FTX.com's rapid collapse and its connection to the Alameda Research fund are still waiting to be clarified, but many are concerned that the bankruptcy of FTX.com may be possible. far-reaching influence on Bitcoin.
The slight increase in the price of Bitcoin caused many large-cap cryptocurrencies to bounce. Specifically, Ethereum is up 1.5%, Binance Coin is up 1.4%, Ripple is up 11.6%, Cardano is up 0.8%, Dogecoin is up 2%...
Total market capitalization increased 1.5% to $837 billion.
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