Mr. Coin in the Coin Circle: 8.27 Bitcoin (BTC) Market Analysis Reference

Bitcoin's market yesterday continued the upward trend, and then broke through the position again, testing the high level near 65175. Then the market reversed and went out of the deep correction, and the price fell to the position near 63000 before rebounding. In the early morning of today, the price was blocked again near 63850. The current market correction is running near 63300. The short-term upward rhythm is interrupted. It is expected that the subsequent market correction will enter a high-level consolidation, and the price will still have a downward trend.

From the short-term hourly chart, the Bollinger is in a closing shape, and the market is gradually blocked near the middle axis of the Bollinger band. At present, the price has failed to attack again, and the situation has entered a correction rhythm. The focus will be on the support near 63000-62800 in the future. If it does not fall below the market, there is still a chance to counterattack. On the contrary, it will further test downward, and the support will also move down to the 61700-62200 range.

From the daily chart, the overall upward trajectory is also relatively good. Although the intraday market was blocked and pulled back by more than 2,000 points, the general direction remains unchanged, and each moving average maintains an upward posture. It is recommended to buy more on pullbacks and sell short on rebounds.

8.27 Bitcoin short-term reference:

Short orders focus on the 64,800-65,000 range with light positions, defend 66,500: stop loss 67,000, target below 64,000,

Long orders focus on the 62,800-63,000 support, try to buy more in the range with light positions, defend 61,700, stop loss 61,400, target above 63,300.

Long order 2, (61700-62200) range, target above 62800,

The article is delayed, the strategy suggestions are for reference only, the market changes rapidly, no matter how high your judgment of the market is, you must take profit and stop loss, and take the money in. $BTC $ETH #BTC☀ #ETH🔥🔥🔥🔥 #热点事件 #比特币合约交易