BTC fell with expanding trading volume, paying attention to the support situation at 18,000.
According to data from the Huobi, BTC continued to move sideways with shrinking trading volume, and fell with expanding trading volume in the morning, reaching the lowest 18145.88USDT. This is the first time that BTC has broken through the 18500 support position since its consolidation at high level for a period of time. The short sides’ energy has gradually strengthened. In four-hour level of picture, BTC has broken the lower edge of the descending triangle form. In day level of picture, it has now returned to the 1/3 position of the previous overall upward trend. Pay attention to the supporting situation at 18000 integer pass and MA30 below. If it breaks through with expanding trading volume, the downward trend may continue for a period of time.
According to data from the Huobi, BTC continued to move sideways with shrinking trading volume, and fell with expanding trading volume in the morning, reaching the lowest 18145.88USDT. This is the first time that BTC has broken through the 18500 support position since its consolidation at high level for a period of time. The short sides’ energy has gradually strengthened. In four-hour level of picture, BTC has broken the lower edge of the descending triangle form. In day level of picture, it has now returned to the 1/3 position of the previous overall upward trend. Pay attention to the supporting situation at 18000 integer pass and MA30 below. If it breaks through with expanding trading volume, the downward trend may continue for a period of time.