Analysis: BTC On-Chain Structure Returns to $117k Support Range, First Rebound Target is $125k
BlockBeats News, August 11th. On-chain data analyst Murphy posted that BTC has returned to $120,000. Although it cannot be considered a successful hold for now, it can be confirmed that on the chip structure side, BTC has once again returned to the price range supported by $117,000, turning the turnover zone of $112,000 to $116,000 into a "safe zone," which is almost consistent with the price trajectory deduced based on the "double-anchor structure."
Looking at the "MVRV Extreme Deviation Pricing Range," BTC is currently still running between the channel formed by the orange and yellow lines. It may find support at the lower rail and face resistance at the upper rail. The current upper rail position of the running channel is $125,000, which is also the first target of the rebound within the channel. If it successfully breaks through and does not fall below on a pullback, it will most likely move up another range to the second target of $137,000. If it encounters resistance, it may retest the key support of $117,000. This analysis is for learning and communication purposes only and is not investment advice.
Vous pourriez aussi aimer
À la hausse
Dernières actus crypto
Trump va annoncer un plan pour faire reculer les règles d'efficacité énergétique des voitures
Jupiter publie les lignes directrices de l'ICO WET HumidiFi Token
La société minière de cryptomonnaies soutenue par la famille Trump a vu son cours de Bourse "divisé par deux" en 30 minutes.
Deutsche Bank: Si le prochain président de la Fed ne parvient pas à faire face efficacement aux risques d'inflation, le dollar américain pourrait faire face à une pression à la baisse
Le trader neuf fois gagnant subit sa première défaite, clôturant sa position vendeuse avec plus de 1,78 million de dollars de pertes
Assistance client:@weikecs
Collaborations commerciales:@weikecs
Trading quantitatif/Market makers:[email protected]
Programme VIP:[email protected]