Shocking! The price of bitcoin soared, and the market was shaken violently. The root cause behind it was...
The price of bitcoin soared to 66k! What exactly caused this? The key signal has appeared at the daily level. Don’t you know anything?
Regarding today’s bitcoin market trend, you must know the following points!
1. Bitcoin continues to rise rapidly, and the trend is amazing: During the US trading session last night, the price of bitcoin dropped to 63.5k, and then it soared straight like a rocket launch, which is completely in line with the previous prediction!
2. The bullish force forms resonance, and it is firmly bullish without hesitation: From a technical analysis, the trend of the daily, weekly and monthly lines all show a bullish resonance trend, and the pattern is quite strong! Last night’s daily line closed with a hammer line with a lower lead, and the red kinetic energy column in the 4-hour Macd indicator further converged, and the bearish force gradually exhausted.
3. As evidenced by the data, the expectation of interest rate cuts has not changed: the US GDP growth rate in the second quarter exceeded expectations, and inflation has fallen back. The number of initial jobless claims in the United States for the week ending July 20 was 235,000, lower than the expected 238,000 and the previous data was 243,000. Expectations for a rate cut in September remain solid!
4. U.S. stocks fluctuated, gold stocks fell: U.S. stocks closed mixed on Thursday, with the Nasdaq and S&P falling for three consecutive days. Ford Motor's stock price fell sharply after the release of its financial report. Gold stocks fell collectively, and international spot gold fell more than 2% during the day! The prospects for the U.S. election are unclear, and the risk aversion of market funds has risen sharply, and the price trends of gold and silver have been deeply affected!
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Even more amazing is that OpenAI directly challenged Google to test the artificial intelligence search function. Is this going to set off a storm in the technology industry? The situation is so tense and intense that we must always be vigilant! The market is fickle, and opportunities and risks coexist. Only by following the trend closely can we keep our footing in this storm! #美国以太坊现货ETF开始交易 #比特币大会 #比特币大会