9.18 BTC market trend analysis:
The recent rebound from the $54,000 mark has risen by 12.26% in the past 11 days within two weeks. As the rebound momentum exceeds the 23.60% Fibonacci level and the two dynamic moving averages, the upward trend may reach the $63,847 mark or the 50% Fibonacci level.
BTC price is currently trading around $60,200, with an intraday increase of 2.48%. Yesterday, BTC price reached a high of $61,331. However, with the convening of the FOMC meeting today, speculation in the crypto market is increasing.
Strategy:
Current price is around 60200, long order; stop loss 59700; take profit 61200--62850--63800;