Yesterday, Bitcoin (BTC) fluctuated between 63,000 and 64,000, causing many investors to wonder whether this rebound is coming to an end. But here, I can clearly tell you that this is only the middle stage of this rebound, and the upward trend is still stable.
Yesterday, BTC successfully broke through the upper track of the Bollinger Band, and the bullish force is still strong, which marks a qualitative leap in the market trend. However, the only thing to note is that the current market trading volume is slightly insufficient, and it may face a period of shock consolidation in the future. From the daily level, the first support level is at 63,000, and the second support level is around 61,800. Observing the golden cross pattern and height of the MACD indicator, it can be foreseen that the market will have a long upward cycle. This is not a good opportunity for the dealer to cut leeks. For investors who enter the market at a low level, it is recommended to continue to hold patiently and wait for the rise.
From the one-hour level, BTC has a top divergence phenomenon. But there are two points that can be confirmed: First, the main dealer has a strong desire to go long this time, and there is no surge or plunge, and the dealer has a far-reaching layout. The current price of 63,000 is by no means the dealer's ultimate goal. Cutting leeks at this position is extremely cost-effective. Second, although the upward momentum has weakened, BTC has a need for shock callback, but this is to accumulate strength for continued upward movement. Just as you want a horse to run, you must give it time to bow its head and eat grass. If BTC pulls back to around the 5-day line, that is, around 62,500, it will be a good opportunity for investors who have not yet entered the market. At the same time, many altcoins will also usher in new opportunities to enter the market.
Here, I can tell you with certainty that there is no need to worry too much about a sharp decline before BTC rises to around 66,000 or 70,000. The dealer's layout takes time and the right time. At present, the Federal Reserve has cut interest rates and released water, the market liquidity is abundant, and the US election is about to end. The government continues to go long, which is out of face and also to maintain global influence.
#多军的反击 #9月美国CPI实现6连降 #SUI创新高 #加密市场反弹
The target is to increase the potential by 10 times. If you want, I will invest in Zuye and find me. This is a project that must be taken in this bull market. 10 times is not a joke, 10 times is just the beginning!
