I have drawn the trend of Bitcoin for you. Take it away.

According to the long-term analysis, Bitcoin has already bottomed out twice. I mean bottoming out, not bottoming out. According to this trend, the second bottom of Bitcoin is likely to be 45,000 or even lower! For long-term investment, individuals should not enter the market above 52,000. It is best to invest in batches below 52,000.

Bitcoin has been on a downward trend during this period. Coupled with the eventful September, there is no doubt that the Bitcoin market will fluctuate greatly. At present, the current price of Bitcoin has reached a bottom fluctuation range of 52,000-56,000. There will be the US election on the 10th and the Fed's interest rate cut on the 16th. Whether it is bad news or good news, a 5% fluctuation in Bitcoin should not be a big problem. So short-term traders must be cautious!

I personally feel that the US presidential election should be good news. After all, Trump's overall approval rating is relatively high. If he survives a disaster, he will have good luck in the future. The biggest goal of the black woman is to prepare for the next president. Once Trump enters the White House, it is very likely that Bitcoin will reach 58,000 or even 60,000! In short, the probability of good news is greater than bad news. This is just a personal suggestion for reference only.

The Fed's interest rate cut on the 16th has a big impact. The bad news is greater than the good news. On the one hand, the interest rate cut has overdrawn some of the good news in advance. On the other hand, if the interest rate cut does not meet market expectations, it will be bad news! So don't have high expectations for the market because of the interest rate cut!

For partners who do short-term trading, I don't have a very good trend market to give you. The current trend is a callback upward trend. If there is a good news, the previous decline will be made up. I have been holding spot grid trading. Although I haven't made much profit, it is also the best trading strategy in September. Do you have a better strategy? Welcome to leave a message for communication🤝$BTC $ETH $SOL