BitOffer Bitcoin Market Analysis Update 2020/04/20

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The market remained a shock and fell back. The Bitcoin market kept running above the level of $7,100. And in the 1-hours chart, it remained a sideways from $7,000 to $7,200 as the MACD presented a narrow run around the zero axis. We should be careful that a dead cross may show up due to the adjustment with a low volume, it may cause the market to plunge. Focus on the support at $7,000 and the pressure at $7,200. In the short-term market, short while each high position within the BOLL band is available.

ETH has broken the level of $182 and started falling down. A dead cross has shown up in the MACD of the 1-hour chart, focus on the support at $179 and the pressure at $185. Watch out for the plunge while the market adjusts with a low volume.

Some bad news of Binance Options: medium.com/@SorosLamfer/the-king-of-copy-binance-cheated-again-52a7c971cbf7

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