$BTC
Today's market, the upper side of Bitcoin is around 57,900. The lower side is around 54,900 and 53,700.
The previous article said that my recent long-term strategy for Bitcoin is either not to break below 55,000 or to break the previous low.
So when Bitcoin hit 55,500 in the morning, I also traded my own strategy plan from the left side.
Added 60% of the spot position.
But the current situation is that Bitcoin's rebound is very weak, even worse than Ethereum.
From the four-hour K-line, Bitcoin also conforms to the falling relay pattern.
So I will formulate a new strategy based on the current market trend.
Specifically, when Bitcoin falls below 56,000 again, the added chips will be sold, and when it reaches around 53,700, 50% of the position will be added again.
In the subsequent four-hour K-line, if the real price does not fall below 53,000, it is highly likely that the position will be held until September 18, and the price will be around 68,000.
For today's upper pressure point, it is still optimistic about the pressure around 57,900.
Before and after the release of non-agricultural data on September 6, it hit around 53,700.
In addition, if the black swan situation appears again before the interest rate cut, the extreme drop position, I will be around 45,000, full of spot.
As for breaking 4w, I don't see it below 4w before this round of big market does not break the new high.
Although there will be a big drop after the interest rate cut, the big cake may not return to this position.
In addition, I would like to mention why I am more optimistic about the future market of the big cake compared to the US stock market after the interest rate cut.
I personally think that the US economic recession is a certain event.
After the interest rate cut, if the US dollar continues to weaken, there is a certain probability that the liquidity withdrawn from the US stock market will be injected into the big cake pool.
Try to replace the dominant position of the US dollar with the big cake.
Moreover, in the current direction, with the passing of the ETF of the big cake and the layout of the Hong Kong stable currency, the big cake gradually began to enter the public eye.
In the first round of market conditions of new things, it has left the wild growth period and moved towards standardization.
Although it is not as good as the previous benefit effect. But there are often greater opportunities.
And it will be the last important opportunity that retail investors can grasp after the big cake moves towards standardization.
