Today is July 15th, BTC price 62825
1. The three lines of Bitcoin converge, and the positive line arrives as expected. How long can this round of market last
2. The 4-hour MA250 has just arrived, and the battle is imminent. Let's see whether it will be consolidated or directly attacked?
The positive line of Bitcoin arrives as expected. The cottage industry did not collectively explode as imagined, so the community reaction is not strong enough. The adjustment time is too long, and many people are numb. The floating loss is too large, and the rise is not felt. In addition, there are too many coins, and you don't hold them well. I understand your feelings, but if you are lazy here, you will easily miss the continuous rise of several weeks. I also said this at the beginning of the year
Humans are social animals. When most people don't want to talk, you don't want to talk either. Over time, the information that can stimulate excitement is getting less and less, just like an old eunuch who has been castrated, sporadic erotic pictures, and he is too lazy to move. Only continuous surges can re-stimulate your hormones. You have to learn to stand out
This situation is the same as the missed market in early February. The battle is about to start. Wake up, otherwise you will fall behind.
Back to the market
1. BTC and the market rose over the weekend, and the 1-hour/30-minute/15-minute levels all showed an online bullish arrangement. Now the 5-day moving average at the daily level is steeply upward, and the short-term/medium-term lines are starting to strengthen. Pullbacks and longs are trending operations
2. In the past few weeks, I have repeatedly emphasized and reminded that mid-July is a time window for bulls. Judging from the current momentum of BTC's daily positive line, a wave of 3 daily positives will first take over the consolidation, and there is a high probability that there will be a second wave later. After BTC stands on the daily MA20, the bullish rise should last for more than 2 weeks
3. The short-term indicator is a bit overbought now. The price topped the 4-hour MA250 for the first time. Let's look at the consolidation first. This is a benign adjustment under the bulls. In terms of operation, it is recommended to have some positions before the spot. Those with small positions are recommended to increase their positions in the short-term adjustment of BTC, whether it is short-term or medium-term, although the coins that have shown strong characteristics on the daily line are switched to People, Pepe, Floki, Jasmy, and Turbo. BTC short-term pressure level 63050 ~ 63710, BTC first support level 61350, second support level 60210
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