Expert opinion: bearish #BTC

The market expects a 50bp rate cut.

Bitcoin broke through the 50-day moving average and re-entered the BMSB. However, don't be fooled by appearances; we are still in a clear downtrend as the 50-day moving average is well below the 200-day moving average. In the next 2 days, the price may break through the BMSB and meet resistance at the 200-day moving average.

There is still a lot of liquidity (below 50k) that needs to be occupied in preparation for the next stage of the rise. In any case, leveraged trading is not recommended here. Huge volatility is expected. #内容挖矿 Follow me! Get more expert opinions!