Bitcoin plummeted again, market analysis and layout on August 3!
Macro:
Currently it is still in the range of 60,000 to 70,000. The worst plan is to fall below 60,000. With the US election in November approaching, a large number of whales will still buy at low prices!
K-line:
After the hourly line fell below 66,000 and 65,000 for the first time, it rebounded, but did not break through. Finally, it fell below the next support of 62,000 to 60,000. This wave of 60,000 did not fall below, and there is a high probability that there will be a small rebound, and then continue to fall. If you look at the reversal, it still needs a breakthrough in both volume and price to be effective! Otherwise, it is still mainly high altitude!
