Friends in the cryptocurrency circle, please have a look! Accurate market analysis on September 22!
Have a happy weekend, brothers. The judgment given by yesterday's market analysis:
BTC rebounded from $54,000 on September 8 to $64,000 for two consecutive weeks, with an increase of nearly $10,000 from the low point to the high point. It is time to rest and consolidate. In addition, there was no ETF fund inflow over the weekend, and international conflicts intensified. Bitcoin may pull back to $61,000.
Some coins that are profitable can be appropriately reduced. It is not suitable to increase positions before consolidation is in place. If it falls below $61,000, consider opening a position. It is expected to take a few days to pull back, and then continue to rise in the shock.
From the data, there are obvious signs of whales buying the bottom this month. There is a wallet that has increased from 2,625 on September 6 to 23,732 on September 20, with a total increase of BTC worth $1.4 billion.
Who can take out $1.4 billion at one time?
It must be the top 50 on the Forbes list
Or a country's strategic reserve
From August to now, a large amount of BTC has flowed out of the exchange
In addition, the Federal Reserve may cut interest rates twice this year
The general trend is upward, so we need to be more patient
Those with positions are waiting for opportunities to ambush and absorb funds at low prices, and those who are already fully invested should not panic and sell! Wait patiently for the big market to come!