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August 11/How to attract hundreds of billions of incremental funds to enter the market
#xrp #Bnb #BTC走势预测 #ETH #SOL
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The highest point of Bitcoin's rebound on August 9, 61,500, coincides with the pressure point of 62,000 in yesterday's article.
The suppression of Bitcoin at 63,000 is still quite obvious. 59,000 and 57,000 are short-term support levels. August 12 is the key. Bitcoin ETF is trading on Monday. The competition between long and short sides is stronger. Whether 57,000 and 63,000 can choose a direction to break through, or whether the 57,000 to 63,000 box oscillates is the core of market attention.
Although the weekly chart of Bitcoin is likely to be a big positive line bottoming out, the downward momentum has not yet converged, indicating that the bottom-fishing power in the plunge has not exceeded the panic selling power, so as long as there is bad news or a sharp drop, it will trigger a lot of selling pressure.
Update articles daily, spend your precious three seconds to follow Cognition Society
🔹Reviews of Cognitive Society
The highest point of Bitcoin's rebound on August 9, 61,500, coincides with the pressure point of 62,000 in yesterday's article.
The suppression of Bitcoin at 63,000 is still quite obvious. 59,000 and 57,000 are short-term support levels. August 12 is the key. Bitcoin ETF is trading on Monday. The competition between long and short sides is stronger. Whether 57,000 and 63,000 can choose a direction to break through, or whether the 57,000 to 63,000 box oscillates is the core of market attention.
Although the weekly chart of Bitcoin is likely to be a big positive line bottoming out, the downward momentum has not yet converged, indicating that the bottom-fishing power in the plunge has not exceeded the panic selling power, so as long as there is bad news or a sharp drop, it will trigger a lot of selling pressure.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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