$BTC 9.14 Analysis and strategy of the trend of Bitcoin
The W-bottom chart I drew for you two days ago has reached the key position and reached the extreme pressure level near 60500. This is also the double-line pressure level of the Vegas channel. Everyone should have enjoyed this wave. Follow me and buy more from around 57300. It is close to 3,000 points of big meat. As long as Bitcoin breaks through 60500 with a large-volume positive line in line with the expectation of a rate cut on the 18th, the trend of the W-bottom is likely to be completed, and the next step will be smooth sailing! But in the short term, Bitcoin should pull back to the support level near 58600 at the four-hour level, and then pull up. At present, it is mainly low-long, with a good stop loss! The upper big pressure level is 62000, and there is a high probability that it will be inserted for a pullback and fall!
Strategy and suggestions
Buy more in the 58200-58900 range, stop loss 57500, can be entered twice, and move to stop profit!
Ambush short orders near 62000, stop loss 300-500 points, high profit and loss ratio, moving stop profit!
