Intradaysignal
Bitcoin Trend Analytics September 15BTC came as low as $19617.62 02:00 am (UTC+8), bouncing from the key support. However, it’s not ending the downward risks. Breaking down the line will see a greater slide down.
Today, only by breaking $21535.30-$20611.82 could BTC come back into the wide consolidation range. $21896.70 should be the center of the range. The movement is still considered weak before breaking up the center.
$18426.79 is the next support if it slides down.
The market expected interest rate hike in September: 75bp(67%),100bp(33%)
Bitcoin Trend Analytics July 1st - consolidation rangeBTC still fluctuates within the box in the downward channel.
The box: $22633.33~$18655.29
$18267.5 is the key support of the month.
The consolidation range is formed:
$24206.44~$18032.06, centering $21229.45
The range will narrow down until a breakout. It’ll battle around the center in the initial stage.
If the price stays above the center, it’s turning upwards and vice versa. (Reference at 8:00 UTC+8)