Bitcoin is currently supported by the trend line. Unless it breaks, or starts to rebound on the trend line, pay attention to the closing K on the 12th to determine the further direction $BTC
In early August, the unemployment rate in the non-agricultural data rose sharply, and the Sam's rule recession indicator was triggered, which caused the market to panic about the US economy falling into recession. The wonderful thing is that gold, crude oil, Bitcoin, Nasdaq and the US dollar index have very consistent steps. The concentrated decline actually makes sense. When the market panics and sells, it will not consider other things when closing positions and chasing insurance. In short, the interest rate cut in September is a foregone conclusion, but the specific reduction is a question of how much. After the style of the entire market has switched, the non-agricultural data in September is Schrodinger's cat. Before opening the blind box, it will be normal for the market to fluctuate violently up and down due to emotional fluctuations.