Best time to enter the market!
On the last day of September 2024, which is about to enter the beginning of the last quarter of 2024, Bitcoin encountered resistance and fell back to 66,500 points, especially when it fell below 64,000 US dollars today. As of now, Bitcoin is trading at 63,691.6 US dollars, a decrease of 3.35 %. At this moment, most voices in the market believe that Bitcoin’s 66,500 point is the short-term top. However, Bitcoin has stabilized and rebounded from the low of US$52,528.6 on September 7 to US$66,500 on September 27 and continued to climb for 20 days.
Many KOLs believe that the pullback at this moment is normal. Giant whales and institutions will not give you a breakthrough of 73787.1 US dollars all at once. The lagging rise of Bitcoin after the 50 basis points cut in interest rates also shows this, especially Bitcoin’s today’s The callback volume ratio shows that large funds have entered the market significantly, and the trading volume has increased compared with yesterday, so the callback at this moment may be your last opportunity to enter the market.
