After three and a half months, the price of Bitcoin returned to $10,000.
htmlOn the morning of June 2, according to the quote from the global coin price website CoinmarketCap, the price of Bitcoin suddenly rose in the short term, quickly breaking through the $10,000 mark. As of press time, the price of Bitcoin was around $10,100, an increase of 7.01% in 24 hours, an increase of about 145.92% compared with the lowest price of $4,107 on March 12.
Bitcoin price trend within one day
The last time the coin price reached US$10,000 was February 15th.
In the past three and a half months, Bitcoin's experiences have been ups and downs: first, the fluctuation declined for more than half a month, and then it fell on March 12, almost halfway from $7,900, and once fell to around $4,100. Since then, the price of Bitcoin has gradually recovered and showed a volatile upward trend. On March 20, the price of Bitcoin returned to $6,000, and broke through $7,000 again on April 7, and broke through $8,000 in the morning of April 30, and rose by more than $9,000 on the same day. On the evening of May 7, the price of Bitcoin once approached $10,000. But the month after that, it basically fluctuated around US$9,000, and until this morning, it experienced a big rise again.
0Bitcoin price trend since February 15
OKEx Research Chief Research Research said that in fact, from the daily K-line chart, it has predicted this round of rise: on the evening of May 29, MA5 crossed MA10 upwards, and then broke through MA30 upwards on May 30, a golden cross has already predicted this round of rise.
In addition, he believes that from the perspective of market pattern, it also indicates this round of rise in Bitcoin. As shown in the figure below, around mid-May, the market fell from the high of US$10,000 to around US$8,500, and then there was a sharp fluctuation. At that time, the Bitcoin market was generally popular. The support level of the A point is the neckline of the double top pattern; however, on May 24, the K line did not break through the neckline at point B. Then horizontally sorted to form triangle pattern . Around May 29, the daily K-line broke through the upper boundary of the triangle upward, indicating that the end of the horizontal consolidation trend in the past half month, and Bitcoin will usher in an upward rise.
daily K-line breaks through the upper boundary of the triangle upward, and the horizontal consolidation trend in the past half month ends
As of 12:00, the contract emperor market statistics report shows that in the past hour, the total number of Bitcoin's entire network was liquidated by US$873,300, and the total number of Bitcoin's entire network was liquidated by US$344 million in 24 hours, and the number of people liquidated by 11,615. And as of 12:00, according to CoinmarketCap data, Bitcoin transaction volume within 24 hours was US$38.017 billion.
