Bitcoin chooses short-term direction on September 23, pay attention to market fluctuations
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On September 22, Bitcoin fell back to the lowest point of 62,300, which coincided with the support level of 62,300 in the Cognitive Society article yesterday.
On September 21, Bitcoin fell back to the lowest point of 62,300, which is close to the support level of 61,800 mentioned in yesterday's article.
On September 20, the highest point of Bitcoin rebound was 64,100, which was close to the pressure point of 63,500 mentioned in yesterday’s article.
64000 still firmly suppressed the market, and the highest point of the rebound on September 22 was 63500, and then fell back.
Although Bitcoin and altcoins have rebounded strongly recently, it is still not possible to say that Bitcoin has stabilized, because Bitcoin's weekly lows continue to decline, and the rebound highs continue to decline, indicating that the market's confidence is still insufficient. Whether Bitcoin can stabilize at 65,000 by the end of September is of great significance.