8.15 BTC market analysis is coming, and the big cake callback continues to take long positions
The Bitcoin market hit 62,000 and was suppressed, and continued to fluctuate downward during the day. The current price has pulled back to the previous lower chip area of 58,500, and then rebounded to 59,000 and fluctuated. At present, the 4-hour Bollinger band is slowly opening and running downward. The price has not been within the range for the past two days, and it is expected to repeat the bottoming out and rebounding trend in the future. Now the MACD golden cross is slowly turning to the dead cross, and the KDJ is forced to turn downward. The short-term technical side is biased towards the short side, because the lower track support of the Bollinger band has not stabilized. It is expected to continue to fall and bottom out near the support of 58,000 in the evening. Wait for the callback to bottom out and then decisively take long positions.
BTC operation suggestions:
Go long when the price falls back to 57500-58000, target 60000-61000, break 62000, stop loss 57000
It is easy to be affected by emotions when dealing with the market alone, resulting in a long-term situation of more losses than gains. Friends who are not operating well or can't find the direction can consult.
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