Moshin_GW

$BTC/USD, is it stagnant for a while?

BITSTAMP:BTCUSD   ビットコイン/米ドル
BTC, which dropped sharply last weekend, continues to fall this week.
Especially recently, dominance and volume have been declining, we can see that the number of transactions is decreasing.

There is strong $52,000 support line,on the other hand, the short-term and medium-term moving averages lines of $58,000 and $60,000 become walls
The upside is expected to remain untouched for some time.

However, a break below $52,000 means a breakout of the rising parallel channel.
It can lead to a drop of $48,000 or more.

The market price of patience is likely to continue.

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