In the morning of June 2, according to the quote from CoinmarketCap, a global currency price website, the price of Bitcoin suddenly rose in a short-term and quickly exceeded the $10,000 mark. As of press time, the bitcoin price was about $10,100, a 7.01% increase in 24 hours, which was an increase of about 145.92% compared to the lowest price of $4,107 on March 12.
Bitcoin price trend within one day
The last currency price reached 10,000 The date is February 15.
In these three and a half months, bitcoin experienced ups and downs: first of all, the volatility fell for more than half a month, and then fell on a waterfall on March 12 from 7900 The US dollar was nearly cut, and it fell to around 4,100 US dollars. Since then, the price of Bitcoin has gradually recovered, showing a rising trend of volatility. On March 20, the bitcoin price returned to $6,000, it broke through $7,000 again on April 7, broke through $8,000 in the early hours of April 30, and rose over $9,000 on the same day. On the evening of May 7, the price of Bitcoin was close to 10,000 US dollars. But the month after that basically fluctuated around 9,000 US dollars, until this morning again ushered in a surge.
Bitcoin price since February 15 Trend
OKEx ResWilliam Earch, the principal researcher, said that from the daily K-line chart, it actually foreshadowed the current round of rise: on the evening of May 29, MA5 crossed MA10 upward, and then penetrated MA30 upward on May 30, and a golden cross appeared. Foreshadowed the current round of rise.
In addition, he believes that the market pattern also predicts the current round of Bitcoin’s rise. As shown in the figure below, around mid-May, the market fell from a high of 10,000 US dollars to about 8500 US dollars, and then there was a violent shock. At that time, the market was generally dominated by the Bitcoin market, and the double top pattern was about to form. The support point A is the double top pattern. Neckline; however, on May 24, the K line did not penetrate the neckline at point B. Later, the horizontal consolidation formed a triangle. On May 29th, the daily K-line broke through the upper boundary of the triangle, indicating the end of the horizontal consolidation trend in the past half month, and Bitcoin will usher in an upward trend.
The daily K line breaks through the upper boundary of the triangle, and the horizontal consolidation trend in the past half month ends
As of 12 o’clock, the contract emperor’s market statistics report showed that: the entire Bitcoin network had a total of 873,300 US dollars in the past hour. And as of 12 o’clock, according to CoinmarketCap data, bitcoin turnover in 24 hours was 38.017 billion US dollars.