Beast Trading _ Today's Bitcoin Perspective Bitcoin showed an ABC-like decline yesterday, according to the market. The decline, the decline, and the shape of the decline, moved almost the same as yesterday's market, and I'll tell you what you need to check carefully from now on. First of all, I'd like to talk about alt-pumping before the Bitcoin analysis, and...
Beast Trading _ Today's Bitcoin Perspective Yesterday, after Bitcoin showed a convergence form, it showed a high-point renewal and rising to 24.7k at once. Since then, there has been a movement that has plunged more than $1,000, and the perspective on the future direction is likely to depend on how this decline is interpreted. Now, to explain the most...
Beast Trading _ Today's Bitcoin Perspective As I said yesterday, Bitcoin broke its high point and rose to 24.4K. Since then, it seems that the wave has emerged as a form of adjustment to the increase In general, the adjustment wave is divided into three waves: A/B/C. Now, wave A appeared as it fell into abc form, and wave B appears to be coming out in the...
Bitcoin ; Short-term Bitcoin Direction Bitcoin recovered to 23k at once yesterday, and even after that, the buying trend did not die and recovered to 24k. 22.5k - 24.3k (high point) 18.9k - 20.7k (low point) A strong rise came from the bottom of the parallel channel, and when the Elliott wave is applied, it seems that the upward waves are impulse waves and the...
Bitcoin; Important trend lines Today, the FOMC announced an issue related to interest rates, which has been confirmed to raise interest rates by 0.75 points. As the fall that occurred a few days before the announcement seemed to reflect the interest rate issue first, a strong rise accompanied by volume (transaction volume) showed a quick recovery to 23k. In...
Bitcoin; Consideration of Parallel Channel Let's look at the point when a strong decline occurred and the decline calmed down a little after reaching 69k, the high point of the bitcoin market. In the rising parallel channel formed from 32k, three mountains (I refer to mountain-shaped charts created by repeatedly rising and falling stock prices) appeared, and the...