【BTC touched 61545 again, and it surged to $3,000. What should we pay attention to today? 】
BTC market analysis at 9:15 am on August 14, 2024
BTC entered the late trading session yesterday, and hit a low of 58360, and then began to rebound, pulling out a space of more than $3,000! Yesterday, we talked about that the best intraday bottom divergence ultra-short-term signal will appear between 18:00-19:45. In recent days, with the escalation of events in the Middle East and the expansion of the Russian-Ukrainian battlefield! Risk aversion has a certain boost, and Putin has legalized crypto mining in Russia! BTC's recent volatility is fast, and the fluctuation of three to five thousand dollars is similar to the previous fluctuation of three to five hundred dollars. While the risk is increased, the opportunity is also magnified, so the key is to be stable, and you must wait for the signal. Without the signal, it is particularly easy to be stopped or liquidated by this high volatility!
BTC attention
Support 58600±200/55200
Pressure tentatively set at 63300
The key point at this moment is 61850. The point given last night was 58600, and the lowest point was 58900, which is a strong signal!
Let's see if it will fall back to 59400-59600 during the day to see if there is a chance to short!
No trading in sideways, no squatting or high-level, no consideration of taking action!