9.23BTC market analysis

Yesterday, the Bitcoin market continued to fluctuate, and the significant upward trend in the early stage also showed a certain degree of callback pressure. Although the overall bullish upward trend is still maintained, there is indeed a certain need for adjustment in the short term. There may be repeated price fluctuations in the short term, and it is expected that there is a high possibility of a deep correction this week! In the morning, I posted a reminder of 63800 Kong. I am holding that Kong in my hand. It is currently in surplus and will be released later.

On the four-hour chart, the K-line chart is active and powerful. When the K line touches the support line, it rebounds quickly and rises to the mid-rail, showing the price's respect and firm response to the support line. Despite the pressure and obstacles, prices have not yielded, indicating strong support below. The shrinking Bollinger Bands pattern indicates that price volatility is reduced and the market is accumulating strength. The continuous positive line harvest indicates that the buyer's power dominates the general direction trend, and Duotou is dominant.

BTC is around 62800-62300, looking at 800-1700

(Note: There is a delay in the release of each network, and the specific situation is based on ten disks)

Today is different from the past. The market is full of exaggerations. If you tell a lie a thousand times, someone will always take it seriously. When it comes to entering the market, you can only be down-to-earth. A good risk control plan is more important than fancy words. It will be easy to trade after following Qian Ruyu. To be fair, the most important thing is authenticity.

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