Bitcoin Weekly Analysis — March 06


Market analysis: bitcoin coindesk BPI index a week l $3.97 increases to 0.87%, the newspaper 460.37 million (equivalent to HK $3591). Intraday Takami 461.74 dollar and low see $441.12.

This week, the index once again challenged and has regained resistance on the surface of $450 (equivalent to HK $3510), but the volume is still low, the power is not enough to challenge the next resistance (rising track top).

Recommended operation: the index continued to stabilize at more than $450 (equivalent to HK $3510), is very optimistic about the technology, but the only worry is the lack of volume, do not rule out this is a false breakthrough, it is not recommended.