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September 24, 2020
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Bitcoin

Two reasons behind the Bitcoin crash, the cryptocurrency market is upset by the “2009 BTC” remittance


Virtual currency market conditions Bitcoin (BTC) on the 22nd was 4.98% down from the previous day to 980,000 yen ($ 9,100). It fell sharply by 100,000 yen in two days. From a technical point of view, after crossing the psychological milestone of $ 10,000 (1076,000 yen) on the 8th day before the half-life, there were rebounds from repeated plunge, and 14,18,19,20 days and 4 times. Aiming for an upward break in the Ascending Triangle, they all failed. Lowering the highs and breaking below the trend line suggests accelerated sales, short-term ceilings, and trend shifts. On the other hand, overheating in the short term (panic phase …

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