October 8 evening:
In the final analysis, I always believe in my own eyes more than anything else.
After the early trading session, the Bitcoin price fell back to 62,000, and continued to refer to this position for ideas. The white plate continued to fluctuate and adjust, and also provided a certain profit space. At present, the 62,000 line has not been broken after multiple backtests, and the support is still strong. Long orders can continue to be held.
Recently, with the overall bullishness of global stock markets, the Bitcoin price has not been able to rise significantly. The main reason is that the macroeconomic environment is favorable to the stock market, and investors seek to protect their cash positions before social and political uncertainties. In the past week, the market heat has almost been concentrated on A-shares, which is also the reason for the dull crypto market. Since the coin price rebounded last week and received strong support near the EMA200 daily moving average of 60,000, the coin price stopped falling and rebounded. After testing the 64,500 line yesterday, the momentum was consumed and entered the correction rhythm. If the coin price can continue to maintain above 62,000 and maintain short-term support, the possibility of continued increase is very high, and the coin price is expected to retest the psychological level of 66,000 US dollars.
Hangqing is changing rapidly, and the specific operation stone plate is given!
