$BTC In the morning, 57000 was analyzed to lure more, and the 56100-60500 indicator support. The recent support level is 55600, which is also the pressure level that 53000 has successfully broken through after the correction and rise.
In this kind of market, it was empty during the day, and it took hundreds of points. When the CPI data came out in the evening, as long as it fell to 55600, it was combined with the indicator to buy the bottom. The range of shock market is 53000-(60500-61300).
Tonight, the US dollar rose sharply, gold fell sharply, and BTC was stuck at the double limit support of the hourly line EMA, which was also a support point for many times today. Either capital shocks the decline or the market crashes. In the end, when the US market opened at 9:30 pm and collapsed, BTC went down directly. In this kind of market, if there is no "short exploration method" technology, just wait for it to fall, and falling to 55600 is your opportunity.
Second point: Capital is very cunning. After fluctuating in the range of 55600 to 55900, it suddenly dropped more than 100 points. In this case, many retail investors chased the short position. This is a common routine of capital. If it is going to plummet, it is impossible to fluctuate in the range. It should fluctuate upward and suddenly fall.
Also, the lowest point of the market before 919 was 53000, so the distance to 55600 is only 2600, and the upper space is 4900-5700. Think about why 58500 can't go up. Why did it go up on the 11th? How did the market mix up in the next 8 days until the 19th?
Anyway, to play this business, you must have strong skills, a stable mentality, confident operations, and occasionally make assumptions. In addition, look at the problem from the perspective of capital.
