Analysis: Bitcoin's 72% chips are in profit and the upward momentum drops to zero

On September 30, according to BitcoinMorningBrief (Axel AdlerJr) analysis, Bitcoin's profit chips share rose to 72% after the September rebound (from September 17 to 27, when the currency price rose from 76,000 to 87,000 US dollars, the indicator rose from 65% to 73.8%, the highest since January 20), but it was still below the long-term average of 76%. In terms of momentum indicators, the fast line weakened after hitting the 70s on September 22. By September 29 - 30, both the fast and slow lines fell back to zero, and the price is now holding at US$83,000. It believes that zero momentum does not constitute a confirmation of a downward trend, and it is necessary to pay attention to the risk signal that the indicator breaks down from zero or the profit share falls back to 65%.