60000 dollars should be the last line of bitcoin, and if the position breaks through and stands, then $70000 or even $80000 may become inevitable. At present, there is a large amount of stable currency reserve in the exchange. If the current price of bitcoin stabilizes, these "wallworts" may be the booster to promote the price rise of the currency at any time.

Yesterday night, PayPal announced the official introduction of cryptocurrency settlement service, which allows us consumers to pay millions of merchants in their own cryptocurrency, and is expected to open to 29million merchants in the next few months, and the company will not charge any transaction fee for cryptocurrency, and everyone can use it seamlessly through debit or credit card in PayPal wallet. This news triggered a surge in cryptocurrency led by bitcoin. It is recalled that at the end of last year, the main wave of cryptocurrency was pushed by PayPal. This time, it actually landed the previous expectations. Therefore, the small editor thinks that the currency price will not continue to rise as in the past year.

In addition, according to the data, the supply of bitcoin held by institutional investors reached 4.3% of the total, and gray level accounted for 82% of the total, which was in a far-reaching position. Obviously, these institutional investors are bitcoin's firm long, and bitcoin needs more such "locked investors" if it wants to have a further surge. But in the recent market, these funds are in a phase of accelerating decline.

According to data research, some insiders found that 75% of the last traded bitcoin in circulation cost less than $10800, which means a large number of super profit margins exist in the market. Of course, this is one of the biggest obstacles to the rise of currency price. Some people plan to throw out 60000 dollars, some plan to sell 80000 dollars or even 100000 dollars. There will be a large number of profit selling at each integer level. At this time, the acceptance will become the key factor for the stability of currency price. This is why the tabloids believe bitcoin is hard to break through $100000 this year, because most profit margins have a fixed price of $50000 - $100000.

From the current position of bitcoin, it is difficult to make clear the trend in the day. The small series thinks that short positions are still dominant, so it is believed that bitcoin will still have some downward space. However, the probability of bitcoin prices exceeding $62000 in April is increasing in any case. If the consolidation time is not enough, or it will be directly upward, but it is likely to be limited in duration. If you can step back once more, the bitcoin market will be healthier. At present, the small part suggests that half warehouse should be watched. If the straight line breakthrough needs to consider gradual reduction, if there is a fall, we can consider adding some positions, because from the current point of view, it is difficult to see the sharp rise and fall in this position.

(2021-4-2)