Bitcoin market analysis in the second half of July!

Analysis and prediction

Phase 1:

Clearing the leverage in the market. At present, the two major callbacks have reached 56,000 and 53,000 respectively, and the amount is basically around 2.6 billion US dollars, but the price pain point is different. Therefore, this stage will replicate the situation before the explosion last year, and repeatedly clean up the leverage in the market.

July-September is likely to go to around 70,000, and then kill! On the one hand: this position will rekindle the rhythm of most users getting on board, and it will not break the previous high, which is very in line with the conditions for liquidating leverage, and the weekly and 3-day line indicators are also satisfied!

Phase 2:

The Federal Reserve is very likely to cut interest rates in November. With the interest rate cut, the end of the Mentougou incident and the launch of the Ethereum ETF, the price of Bitcoin has slowly recovered again.

Phase 3: The interest rate cut is coming.

Bitcoin: Reach 100,000-120,000 Ethereum: Reach more than 10,000.

Copyright: The crazy copycat season will be after March next year.

At the current stage, it is to continue to increase the price, slowly increase the price to let people get on board, and then rush to 70,000. After a big drop, it will fall back to 56,000, and then repeat the test of increasing the price until the news and fundamentals meet #BTC走势分析 #