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On August 20, Bitcoin fell back to the lowest point of 57,700, which perfectly matched the support level of 57,700 in the Cognition Society article yesterday.
Bitcoin rebounded to 61400 on August 20.
When the market crashed, Cognitive Society repeatedly reminded:
As long as Bitcoin holds 57,700, it will continue to move towards 60,000
The highest level of 61400 is also in line with the 62000 strong pressure level expected by Cognitive Society. The current pressure level of Bitcoin is 61500-64000.
Why 64,000? Because it has been around 62,000 too many times, I guess many people will short Bitcoin here, so it is normal if it rises sharply to 64,000.