2024-09.23 BTC Market Analysis

Bai Sheng has been talking about 65,000 from the 14th to this morning, and it was finally about to reach 65,000 at 11 am.

Normally speaking, it is also approaching the end of the 4h level rebound since September 7th this month. As early as the 14th, it was said that there would be at least a 1h level retracement after reaching 65,000, but now it seems that it is a bit incorrect. I personally think that it will not fall below 62,900 before reaching 65,000, so the current level is at most a 15m level retracement.

In my opinion, early retracement is a good thing. The upward trend should be higher than the previous wave, which means that the trend can continue, and a sudden rise of a positive column is often a peak signal. $BTC #加密市场反弹 #美联储宣布降息50个基点 #BTC☀ #BTC走势预测 #BTC走势分析

Short-term

A 15m-level retracement should be running at present, and this retracement is expected to reach around 63,100.

Direction: Long

Buy point 1: Current price

Buy point 2: 63,100