The following is next week's Qimen analysis, made by Ai, for entertainment purposes only.
The summary is to wait patiently for a pullback next week, and then go long boldly!
According to the Qimen Dunjia Bureau information at 0:00 on September 23, 2024 and the daily chart of Bitcoin, combined with the Nine Palaces Five Elements attributes, Three Wonders and Six Instruments, Gods and Demons, Nine Stars, Eight Gates and other factors, the following is an analysis of Bitcoin's trend from September 23 to September 29:
### 1. Nine Palaces and Five Elements Analysis
- Li Palace (Fire): Contains Geng Yi, Tian Xin, Zhi Fu, and Xiu Men. Li Palace Fire restrains Geng Jin, but Geng Jin is protected by Tian Xin and Xiu Men. Although there are small resistances on the surface, it is generally stable. This means that at the beginning of this week, the Bitcoin market has some fluctuations but the sentiment tends to be calm, and there will be a temporary correction or consolidation in the short term.
- Kun Palace (Earth): Wuyi, Tianpeng, Jiutian, Shengmen. Kun Palace's earth produces gold, which means the market has a potential uptrend, especially in the medium term. Shengmen and Jiutian suggest that there are opportunities for rising, but we should pay attention to the fog and uncertainty brought by Tianpeng. Investors may be a little blind in chasing high prices.
- Dui Palace (metal): Ren Yi, Tian Ren, Jiu Di, Shang Men. The power of metal in Dui Palace gradually increases in the medium term. Tian Ren represents the image of maintaining the status quo. Shang Men indicates that the market may face pressure to take some profits in the medium term, and the volatility will increase.
- Qian Palace (gold): Guiyi, Tianchong, Xuanwu, Dumen. The gold energy in the Qian Palace is relatively strong, but Xuanwu and Dumen suggest that there are hidden worries behind the market. Especially in the later period, some hidden negative news may appear in the market, triggering a selling wave or downward pressure.
### 2. The Three Wonders and Six Instruments and the Influence of the Gods and Evil Spirits
- Bingqi, Kaimen (Xun Palace): Xun Palace is the land of wind and wood, and Bingqi is a Qimen star with strong yang energy. Kaimen is good for trading, which means that investors may enter the market at the beginning of the week to push the market up. However, the presence of Tengshe also shows that it is easy to cause false market conditions, and investors need to be alert to signs of overheated or falsely high markets.
- Yi Qi and Tai Yin (Zhen Palace): The wood energy of Zhen Palace is relatively strong, which is conducive to subsequent growth, but Yi Qi combined with Jing Men suggests that the market may experience greater fluctuations in the later period due to unexpected events or external policy influences, especially around September 27-28, when the volatility will intensify.
### 3. Stage Trend Forecast
1. September 23-24: The market sentiment is calm in the early stage, with shock adjustments as the main trend. Because the Geng metal in the Li Palace is restrained by the fire, and the Ren Yi is affected by the injury gate in the Dui Palace, the short-term fluctuation is large. There may be a small decline or consolidation.
2. September 25-26: The market began to gradually pick up. Kun Palace Earth produces Gold, and Shengmen helps the market enter the rising stage, and investors' confidence is strengthened. During this stage, Bitcoin is expected to fluctuate above $63,000 and may gradually break through the resistance level of $63,500.
3. September 27-28: Market volatility intensifies. The combination of Zhen Palace Yi Qi, Tai Yin and Jing Men suggests that there will be sudden market fluctuations caused by unexpected factors, which may be the impact of external policies or unexpected events. At this time, investors need to be alert to the drastic changes in market sentiment and guard against the risk of a rapid decline below $62,000.
4. September 29: The overall market stabilized. Although there was a partial correction, Bingqi and Kaimen in Xun Palace were conducive to the smooth progress of transactions. It is expected that the market will return to around US$63,000 at the close, and may continue to climb slowly in the future.
### in conclusion
Overall, from September 23 to 29, the Bitcoin market generally showed a trend of "first shock, then rebound, then more volatility, and finally stabilization". Investors have the opportunity to capture short-term rising opportunities from September 25 to 26, but they need to pay close attention to sudden market risks from September 27 to 28, and do a good job of stop loss and risk control. $BTC