Today's #BTC☀ trend analysis!
And short-term contract operation ideas! !
Today's big soldier can be said to be at a critical stage, and the price of 55,000 is a manifestation of it experiencing mixed signals.
In the short term, BTC faces resistance around $56,000. If it breaks through this level, the price may rise to $58,000 or even $62,500.
However, if it falls below $54,000, it may fall further to $50,000. From a technical point of view, as the price consolidates near the important moving average, the market shows upside potential
From the perspective of the large level and volume performance, I think. It is more likely to appear in late September, and there may be a bull market after late September. Bitcoin halving cycle. September tends to be a slow month for BTC, but historically, October has higher returns, with an average return of 22.9%.
It should be noted that Bitcoin is still under pressure from negative factors, such as falling demand in the futures and spot markets. Institutional interest has also weakened.
Now almost everyone likes to wait and see, and the buying power is seriously insufficient.
Overall, it depends on whether it can stabilize at 56,000 today.
If it stabilizes, you can go long. Target 56,800. Stop loss 54,200
Short is the opposite.
