8.14 BTC market analysis in the early trading, continue to go long on Bitcoin.

After a long period of shock and absorption at the bottom of 58500, Bitcoin has formed a support chip area. It rebounded all the way to 61500 in the evening. From the fundamental point of view, the price is still under pressure at the high point of 62000. This pressure level may break through at any time. At present, the K-line price has stabilized on the middle track of the Bollinger band. At present, there is still an intention to continue to impact the upper track. Waiting for the Bollinger band to open, it is only a matter of time for the price to continue to rise. The MACD golden cross is about to form a large-volume posture, and the KDJ turns upward and diverges. The technical bullish signal is obvious. The follow-up is still mainly bullish.

BTC operation suggestions:

Go long when the price falls back to 60000-60500, target 61500-62500, defend 59500

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