Insights on the morning market of Bitcoin on Friday, September 20

Since the interest rate cut, the market of Bitcoin has continued to rise. Yesterday, it reached the 63,800 area and then fell back under pressure. It is currently at the 63,000 line. We are also ashamed of yesterday's market. Yesterday morning, the bearish thinking took up the 1,000 iodine fallback space. In the afternoon, we continued to be bearish and reached 600 iodine. In the evening, we turned bullish and took up 800 iodine. The overall situation is still in a harvest state.

In the strong market, the price of the currency has a short-term correction. Under the daily structure, there is also an obvious upward trend. The K line has once again gone through three consecutive positive upward movements. As the saying goes, once again, twice, but not three times, the current three consecutive positives indicate that the bullish sentiment is strong, and the possibility of continuation is still relatively large. Combined with the moving average indicator and the Bollinger band are both in an upward posture, then even if there is a short-term retracement, it is just a correction after the increase, so the bullish thinking will continue to remain unchanged in the future market operation.

On Friday morning, it is recommended to buy Bitcoin at 62500-62300, and the target is 64000-65000.

On Friday morning, it is recommended to buy Ethereum at 2440-2420, and the target is 2550-2600.

A good trading mentality is to stick to yourself in the ever-changing market and keep a balance in the ups and downs, so as to open the door to wealth. #加密市场反弹 #新币挖矿HMSTR #美国大选如何影响加密产业？ #币安上线NEIRO #美联储宣布降息50个基点 $BTC $ETH $BNB