Good afternoon, everyone. Bitcoin price has started to fluctuate downward from early this morning to now.

The lowest price has reached 62618.

It is just on the rising trend line I drew yesterday.

At present, the support is not strong, and it is likely to fall below the rising trend line again.

Next, I will predict two possible trends for your reference.

The first one is to absorb funds. Then the price will definitely not fall below 62000, and will start to counterattack along the rising trend line until 66500, as shown by the blue arrow.

The second one is to accumulate power. Replicate the trend of the previous period, break the rising trend line but will not pull back to a too deep position (above 61000), start to build a 15M level center, and break through 66000 after completing the accumulation, as shown by the black arrow.

I personally think the first possibility is higher, because I am still very optimistic that the monthly line will close positive this month. #美联储何时降息？ #美国7月PPI低于预期 #BTC☀ #BTC走势预测 #BTC走势分析