[BTC continues to fluctuate by $3,000, jumping up and down, completely making the market FOMO! ]
2024.8.15 9:18 AM BTC market analysis
The lowest price of BTC last night fell back to 58367, and formed support at the third support level of 58300-58500. The decline reached $3,000. At this moment, BTC is consolidating at 58800! Wait and see for now, don't rush to enter the market! Except for a wave of spikes in the early morning, there is currently insufficient volume to pull up!
BTC attention
Support 57000/55000/54055
Pressure 60500/61850
The key point of BTC intraday is around 58650 at this moment. Pay attention to the gains and losses of this point; last night, I tried to increase my position with a light position at 60600, but was hurt. Later, I increased my position again in the 59000-59300 range. This order has enough profit-taking space, and it is a standard high before 1:00 am!
In terms of operation, you must execute the idea of fast in and fast out, and run when there is space. For this week's ups and downs, the rhythm is getting faster and faster. A few thousand dollars is the same as no fluctuation for the main force, but for retail investors, it means being exploded several times!
