At present, the price of Bitcoin is still trading sideways near 58.59. The overall trend of Bitcoin is still weak. The four-hour support has not been closed. The long and short support still refers to the four-hour 59300-59500 range. The four-hour closing line must break through these two levels to reverse the market. If it fails to close, it will be a volatile downward trend. Continue to explore the support below to see 57600. If it falls below and returns to 56000, the intraday trading idea is that as long as the four-hour closing line does not close the 59300-59500 range, it is still bearish. If the market operation is not ideal, consult btc0669 and find me to discuss the market.
BTC operation suggestion for the evening: short at 58900-59500. Target at 57500-56000. Risk control at 60200. Historical evolution Since 2013, September has been the worst month for Bitcoin. Between 2013 and 2023, Bitcoin rose only three times in September, in 2015, 2016 and 2023. Except for these three times, BTC fell by an average of 4.78% in September.
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