Regarding today's bitcoin trend, you must know these key points!
1. Bitcoin has soared all the way, and the trend is amazing: During the US trading session last night, Bitcoin tested the lowest price of 63.5k, and then soared like a rocket, which was completely in line with expectations!
2. Bullish resonance, no hesitation in bullishness: Technically, the daily, weekly and monthly trends are bullish resonance, and the pattern is strong! Last night, the daily line closed with a hammer line with a lower lead, and the 4-hour Macd indicator red kinetic energy column further converged, and the bearish kinetic energy gradually weakened.
3. Data speaks, and the expectation of interest rate cuts remains unchanged: The US GDP growth rate in the second quarter exceeded expectations, and inflation fell. The number of initial jobless claims in the United States for the week ending July 20 was 235,000, lower than the expected 238,000, and the previous data was 243,000. The expectation of a rate cut in September is still stable!
4. U.S. stocks are turbulent, and gold stocks fell: U.S. stocks closed mixed on Thursday, with the Nasdaq and S&P falling for three consecutive days. Ford Motor's stock price plummeted after the release of its financial report. Gold stocks collectively fell, and international spot gold fell by more than 2% in a day! The prospects of the US election are unclear, market capital risk aversion has soared, and the price trend of gold and silver has suffered!
Even more surprising is that OpenAI directly challenged Google and tested the artificial intelligence search function. Is this going to set off a storm in the technology industry? The situation is so intense that we must always be vigilant!
The market is unpredictable, and opportunities and risks coexist. Only by keeping up with the trend can we gain a foothold in this storm!
