The US government transferred 29,800 bitcoins and the market crashed to 66,000
Yesterday, the intraday pressure level was 70,200. The bitcoin bulls were also disappointing and only reached around 70,100. The short orders were not traded. However, at 9 pm, the 1-hour K-line indicator prompted a decline, so I decisively shorted at the market price of 69,450. As a result, the US government transferred a large amount of bitcoins in the early morning, which directly scared the market and continued to fall. I casually set a stop profit of 66,000. When I woke up in the morning, I saw that it was traded. I picked up money when I woke up. It was so cool.
Trump's bold words say that he won't sell a single bitcoin, but the current president is still old Biden. What he said can only be said after he becomes president. Before the election results come out, everyone just listens to it as a chicken blood, but don't take it seriously. Politicians' mouths are deceiving ghosts.
Okay, let's continue with today's analysis. At present, the 1-hour and 4-hour levels are in a downward trend, and the 12-hour and daily levels have just entered a downward trend. It will take at least a few days to safely buy the bottom. The intraday pressure level is 68200 and the support level is 64000.