7.24 Bitcoin market analysis this morning $BTC

After discussing with the analysts of the team today: Bitcoin has formed a top pattern and has fallen below the wedge pattern. The MACD indicator shows signs of divergence and begins to move downward, and the average K-line also shows the evening star pattern. The last time Bitcoin fell below the wedge, the price fluctuated downward and pulled back to the 50% Fibonacci retracement level. If this pullback reaches the 38.2% Fibonacci retracement level, the target price range is expected to be between 64,000 and 62,500. This forecast is based on the 38.2% retracement level of the two bands.

The specific points have been updated in the public group. Now the big brothers of volatility should not enter blindly, but have a certain degree of confidence and have capital before the bull market comes! See the homepage for details, and share from time to time every day.