Bitcoin has plummeted again. Can we still play in the cryptocurrency circle?
#币圈小白 Bitcoin has been restless recently, and the price has been falling in the middle of the night. This has made many friends start to wonder whether the cryptocurrency circle can no longer be played?
First of all, the declines of Bitcoin in these few times are a bit similar. They all swayed in a range first, and then suddenly broke down. Now Bitcoin has reached a critical position again. It is very important whether it can hold the support point of 57,000. If it holds, it may be a volatile trend; if it falls, it may continue to decline.
The US CPI data for July came out, and inflation has fallen, but rents are still rising quite fast, which may make the Federal Reserve slowly cut interest rates. When the market heard this, it was a little disappointed, and the price came down.
Let's talk about some recent news, such as the hacker attack on Iranian banks and the transfer of some Bitcoins in Mentougou, which have caused a lot of shock to the market.
So, can we still play in the cryptocurrency circle? In fact, it is still possible to play, but you have to pay attention to strategy. Don't chase when you see an increase and kill when you see a decrease like running a takeaway. When it comes to trading, it is better to be quiet than to move. If you make too much trouble, you will lose money.
Now you just need to wait patiently. Don't get too excited before Bitcoin stabilizes at 62,000. For friends who do contracts, remember to stop profit at highs and buy at lows.
Recently, the Bitcoin ecosystem is very popular. Some inscriptions and runes that fell sharply before have begun to rise. You can pay attention to it, maybe there will be a chance.
In short, there are still opportunities in the currency circle, but you have to be patient and make a move when you see the opportunity. Follow me and wait for the arrival of the big bull market together!
#美联储何时降息?