Analysis of BTC's market trend tonight
Good evening, brothers! Let's talk about the market trend of Bitcoin (BTC) and get to the point:
From a technical point of view, as long as BTC does not fall below $62,500 in the short term, it is only a matter of time before it breaks through $65,000 and reaches $66,300.
Unless there is huge bad news that breaks all technical indicators, a sharp decline is unlikely.
Even if it falls, there are still support levels. The decline must be broken one by one, so we have to find the key support and resistance levels, combined with indicators such as volume-price relationship, MACD and moving average.
In short, short against the resistance level and long near the support level.
Friends who invest in the long term can arrange in batches and wait patiently for the harvest season.
As for when the harvest will be? Early autumn? Late autumn? I think it will be around winter! 🚀
What do you think of the current market? Welcome to discuss!
