On Friday night of 9.20, Bitcoin continued to fluctuate. Is it ready to go?

After Bitcoin broke through the 64,000 mark during the day, it did not continue to fall back slightly. It hit the lowest line of 63,000 and rebounded again. However, the strength of the rebound did not reach the expected position. During the day, the bullish position reached 700 points. As far as the current trend is concerned, the upward momentum is gradually weakening, and there are signs of a pullback below. We will not chase the rise too much in the market outlook!

Judging from the 4-hour chart, the price has gone out of three consecutive downward moves after being blocked from rising higher. The upward momentum has already shown a stagflation signal, so it is unwise to pursue too much at this time. The technical indicator MACD appears The volume is shrinking, and the KDJ three-line turning head is diverging downward. In the short term, the market has the need for a downward correction, so in the evening operation, we will first look at the retracement, and then look at the long position after the support below.

Evening suggestions:

The big pie is empty in the 63000-63500 area, look at 62000-61500

Ether 2560-2580 area is empty, look at the 2430 area

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