August 6/Grayscale will be sold out sooner or later. BlackRock will be richer after the interest rate cut. Expectations for Bitcoin's daily bottom divergence
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Bitcoin rebounded to a high of 58,400 on August 6, and the rebound strength was perfect.
As long as Bitcoin stands firm at 54,500, it will soon gather strength and use the bottom divergence of the daily line to sprint to 62,000. In layman's terms, if Bitcoin consolidates for a few days without breaking 54,500, the market outlook is expected to be a big positive line near 60,000, because 60,000 is an important support level in the early stage, and it will rebound after breaking it.
As long as Bitcoin holds 54,500, it will wait patiently for the arrival of 60,000.
The biggest risk to Bitcoin right now is the various turmoil on the eve of the US interest rate cut and the interest rate hike in Japan, because after the interest rate hike in Japan, a large amount of US funds will flow back to Japan, and the US and Japanese stocks will be in turmoil.