7.6 Saturday, Bitcoin morning market insights
Trading is like a war without gunpowder, strategy is your weapon, mentality is your armor. Only by arming yourself can you stand firm in the torrent of the market.
Yesterday, the price of Bitcoin plummeted and soared, and the price of the currency dropped from 57,500 to 53,500. After bottoming out, it was given near the intraday starting point. Yesterday morning, it was suggested that Bitcoin bearishly took a 4,000-point drop. The market has been waiting for an opportunity to enter Kong in the rhythm of slow growth. The rebound continued. We decisively suggested that Bitcoin bearishly took 1,200 points. At present, entering the weekend, the market has formed a small range of fluctuations at a high level. In the short term, you can participate in the idea of high-altitude and low-multiple without looking at the unilateral side!
The daily line structure showed a negative needle bottoming out, and the short-term decline did not continue. The rapid decline and slow rise, the increase also basically closed the decline yesterday, and the current high-level fluctuation trend is formed. Although there is a market, the trend is still dominated by bears. The decline stops rebounding, and the upward movement stops under pressure. In the short term, pay attention to the back and forth movement of the market. In terms of operation, keep high-altitude and low-long, pay attention to the 56,000 area below for short-term long, pay attention to 57,000 above for high-altitude participation, and seize the short-term long-short game of thousands of points.
On Saturday morning, it is recommended to go long on Bitcoin at 56,000-55,800, and the target is 57,000-57,500.
On Saturday morning, it is recommended to go long on Ethereum at 2950-2930, and the target is 3000-3050.
In the market, we should not regard ourselves as the masters of the market, we are just followers of the market, we can't control the rise and fall of the currency price, and don't trade emotionally. #BTC走势分析 #美联储何时降息？ #Mt.Gox将启动偿还计划 #币安合约锦标赛 #美国首次申领失业救济人数超出预期 $BTC $ETH $BNB
