Bitcoin has reached the price of 60,000 US dollars as expected. Many people don't know why? The main reason is that the time for the Fed to cut interest rates has come. All news will be overdrawn according to the probability of greater possibility. If it is bad news, then there is no news yet, and the currency circle will fall sharply first. If it is good news, the currency circle will also rise first.

I have emphasized the importance of trading strategies many times before. Different trading strategies should be adopted according to different market conditions. Since September is an eventful autumn, it is recommended to open a spot contract at a low point and terminate at a high point, waiting for the next opportunity.

Now the price of 60,000 US dollars is already a very good point, and the profit of the transaction is more than 15%!

The next trend of Bitcoin will return to the washing state. This time the shock range will be very large. This is the trading market, so you must respect the market, otherwise it is easy to lose money. The purpose of our trading is to make a profit, not to enjoy the trading process, so the first premise of trading must be stability rather than profit maximization.

The Fed cut interest rates on the 16th. If it meets expectations, it will rise again, reaching 63,000. If the interest rate cut is not as expected or even delayed, 55,000 Bitcoin will happen again.

Trading is a deterministic transaction. If the market trend is uncertain, waiting is the best strategy. $BTC