Analyzing based on the Bitcoin (BTC) price data for the last 300 days. Currently, Bitcoin has closed at 125,046,000 won. On the chart, the short-term moving average (20 days) is positioned below the medium-term moving average (50 days), indicating a downward trend. Additionally, the RSI (Relative Strength Index) has fallen below 30, entering the oversold zone, which may present an opportunity for a rebound, but the overall downward trend remains dominant.<\/p>\n
The MACD (Moving Average Convergence Divergence) is also positioned below the signal line, indicating a very negative signal. Considering these various technical indicators, it suggests that the current time is more suitable for selling rather than buying Bitcoin. There is a possibility of buying pressure around the support line, but it is judged that selling pressure will persist beforehand.<\/p>\n
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Recent external factors regarding Bitcoin have continuously strengthened the downward trend. Strengthened regulations in major countries, expectations of interest rate hikes, and uncertainty in the global economy are negatively impacting the market. Monetary policies such as the Federal Reserve’s interest rate hikes are not only burdensome for risk assets like Bitcoin but also the opinions of celebrities like Elon Musk have a significant impact on the prices. Additionally, security issues at overseas exchanges have caused many investors to exhibit anxious sentiments. This external environment is exacerbating the decline in Bitcoin’s price, and therefore, more aggressive selling seems necessary.<\/p>\n","protected":false},"template":"","class_list":["post-3404","buysell-coin","type-buysell-coin","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/buysell-coin\/3404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/buysell-coin"}],"about":[{"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/types\/buysell-coin"}],"version-history":[{"count":1,"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/buysell-coin\/3404\/revisions"}],"predecessor-version":[{"id":5605,"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/buysell-coin\/3404\/revisions\/5605"}],"wp:attachment":[{"href":"https:\/\/cooss.net\/en\/wp-json\/wp\/v2\/media?parent=3404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}