Friday, September 20, Bitcoin afternoon market observation

Go forward bravely, fear no difficulties, let the light of dreams illuminate every step you take.

The price of Bitcoin continues to rise, constantly breaking records, and hit a high of 64,100 in the afternoon. Since yesterday's turn, following the trend has brought rich returns. In the morning, we recommend going long on Bitcoin in the 62,500-62,300 range. The price briefly dropped to 62,600 and then rose steadily, with an overall increase of 1,400 points. Although there is a slight correction at present, the overall trend is still biased towards the bulls, so the operation should continue to adopt a low-level long strategy.

From the daily line structure, Bitcoin has performed strongly, the K line has formed four consecutive positives, the price has broken through the upper limit of the Bollinger Band, and the moving average system is expected to show a positive trend. The 64,000 mark has been conquered, and the market continues to rise, indicating that bullish sentiment is still strong. Therefore, it is not advisable to blindly guess the top and go short at present. It is wise to follow the trend and participate. The four-hour line also shows a clear upward trend. Although there are corrections, it is eventually pushed up by the bulls. Therefore, we should continue to be optimistic in operation.

For Friday afternoon trading, we recommend

Bitcoin to go long in the range of 63200-62900, with the target price of 64500-65000;

Ethereum is recommended to go long in the range of 2540-2520, with the target price of 2630-2700.

In the ever-changing market, we need to maintain a global perspective and not be confused by local fluctuations. We must calm down and observe market trends, and make plans before taking action. Only by planning in the tent can we win thousands of miles away. #DODO助力Meme发行 #加密市场反弹 #CATI价格预测 #美联储宣布降息50个基点 #BananaGun钱包被盗 $BTC $ETH $SOL