In recent days, the trend of Bitcoin has been falling first and then rising after the opening of the US stock market
Today is Friday again. I am really afraid that today's market will be another "Black Friday". In the past two weeks, Fridays have all fallen. To be honest, I am still a little worried based on the market situation. The trend is not optimistic.
Have you noticed that the market after the opening of the US stock market this week is quite regular. The trend of $BTC is falling first and then rising. I don't know how long this pattern will continue😂
Yesterday, Bitcoin fluctuated slightly with a horizontal decline. At night, after the opening of the US stock market, it fell first and then went up and down again. In the second half of the night, the market went up again. It was really a bit unpredictable. The $58,000 mark must be defended to grind the long and short sides. Which side places a heavy bet, the dog dealer will definitely arrange it.
Today's market analysis: From the K-line, the 1-hour level is a sideways trend, and the 4-hour level is also sideways, but the technical indicators show that it is biased downward and can fall at any time. This is what I said before. Combined with the market situation, there is a high probability of Black Friday today. The 12-hour and daily levels are rising trends. The intraday pressure level is 59,800, and the support level is 56,360 US dollars. The cost-effectiveness of shorting during the day is higher. The direction before the interest rate cut is still upward.
