The current short-term support level of Bitcoin is between $65,500 and $66,500, while the short-term pressure is between $68,500 and $69,500.
At the same time, with the overall rise of the three major US stock indexes, some important news came out of the market:
According to the improvement of inflation, it is expected that there may be three interest rate cuts this year. Bitcoin has become a hot topic in the US presidential election. Trump plans to announce a government purchase plan, and Kennedy said that if elected, the US government will buy 550 Bitcoins a day, showing that Bitcoin is becoming more popular in the United States and may become an important pillar of the financial system in the future.
In addition, on July 26, the US spot Bitcoin ETF increased its holdings by 630 Bitcoins.
Yesterday's Bitcoin has completed a short-term adjustment and is expected to continue to rebound upward. The key pressure level is $69,500. Only by breaking through this level can Bitcoin start a new trend;
Otherwise, it may continue to fluctuate. The important support area is between $65,000 and $66,000, while the key support is at $63,000. If you are still watching and cannot see the market trend clearly, you will only fall due to bullishness and rise due to bearishness. Free ➕👗 ➕🌍 BNB0098
In terms of operation, it is recommended to continue to absorb at low levels and pay attention to market trends, especially the reaction to US policies and market news.
