#新币挖矿&盘前交易USUAL
A sign of a sharp drop in the price of Bitcoin? A short-term surge and fall, the market trend is in a mystery again!
Don't guess the rise and fall. Bitcoin (a term in the currency circle, referring to Bitcoin) surged in the short term and then fell back. The market has returned to a high level and fluctuated. Will it rise or fall next? This signal is very obvious. Let's not talk nonsense, let's see it directly!
This week, Bitcoin rose sharply, tested around 93,000 and then pulled back. It was just one step away from the 100,000 integer mark! Now that the market has developed to this stage, the trend is very stalemate, and it is easy to rise but difficult to fall!
From a technical point of view, the MACD stochastic indicator of the 4-hour trend has a dead cross, and there are signs of peaking in the short term, but the strength of the pullback needs to be seen. The market is expected to fluctuate and pull back during the day!
Pay attention to the resistance of 88,500 above and the support of 86,800 below!
The three major U.S. stock indexes closed down on Thursday. Fed Chairman Powell said there is no need to rush to cut interest rates now, and also hinted that there may be no rate cut in December.
In terms of data, the number of initial jobless claims in the United States last week fell to a new low since May. The US producer price index accelerated in October, which means that the inflation indicator that the Federal Reserve is concerned about has an upward risk.
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