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August 17/Bitcoin is stuck at 60,000. The intensity of the interest rate cut in September is the core direction of the market
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🔹Reviews of Cognitive Society
Bitcoin on August 17th Bitcoin was stuck at 60,000.
It’s not that the selling pressure of Bitcoin at 60,000 is too great, but the market is cooling down. Everyone is waiting for a sharp drop. Everyone is eager for a new low and lower chips. Almost no one wants to chase highs. Therefore, every time the price rises, everyone is very enthusiastic about selling, and when it plummets, the enthusiasm for bottom-fishing is also good.
The real short-term pressure of Bitcoin is 62000-66000, where there are more locked-in orders. The MACD value of Bitcoin's daily line has been competing around 0. Both the long and short sides are working hard, and the market should choose a direction soon.
#saga #wif <t-272/>#TON #blur #WBTC
🔹Reviews of Cognitive Society
Bitcoin on August 17th Bitcoin was stuck at 60,000.
It’s not that the selling pressure of Bitcoin at 60,000 is too great, but the market is cooling down. Everyone is waiting for a sharp drop. Everyone is eager for a new low and lower chips. Almost no one wants to chase highs. Therefore, every time the price rises, everyone is very enthusiastic about selling, and when it plummets, the enthusiasm for bottom-fishing is also good.
The real short-term pressure of Bitcoin is 62000-66000, where there are more locked-in orders. The MACD value of Bitcoin's daily line has been competing around 0. Both the long and short sides are working hard, and the market should choose a direction soon.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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