9.9 Bitcoin Market Analysis
Bitcoin started to fall from 65,000, and the position of 52,500 is not the starting point of a new round of rise. Bitcoin is still in a range of fluctuations, and is currently running in a three-wave structure - rebound wave a, wave b, and wave c. It may continue to fall after the end of wave c. From the overall structure, it can be regarded as a downward trend, and the upper resistance is around 56,000.
If the resistance near 56,000 is confirmed to be effective, consider opening a position!
Operation suggestions:
Bitcoin 56,000 to take over, the target is around 54,000;
Second Bitcoin 2380 to take over, the target is around 2280.
