Bitcoin strategy and operation suggestions for the evening trading on July 14

Event background

The news of Trump's assassination came out in the early morning of July 14, and the price of Bitcoin rose from US$58,250 to US$59,850, and continued to rise, reaching a high of US$60,400 during the day, and the daily line closed positive.

Bitcoin trend analysis

Bitcoin broke through the US$60,000 mark during the day, which is likely related to Trump's assassination. This incident may cause the Federal Reserve to cut interest rates in advance and promote the bull market to come early.

After breaking through the US$60,000 mark during the day, Bitcoin showed strong stability and showed a trend of stabilization. It is not advisable to blindly short in the future.

It opened at US$59,200 during the day, which was the lowest point at the opening, and then rose all the way to US$60,400, an increase of 1,200 points.

For the weekend market, this is already a large increase. It is expected that the upward trend will continue in the evening, and it is expected to continue to rise even next week. It is recommended to operate mainly at low and long in the evening.

Operation suggestions

Long order operation: Entry point: around $59,800 Target price: $60,800 and above Stop loss position: $59,200

Stay flexible, pay attention to market fluctuations, set stop loss and take profit reasonably, and ensure that risks are controllable.

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