Bitcoin continued to fall last week, but it has not bottomed out yet. The idea of rebounding and shorting in the evening
Bitcoin continued to fall last week. The non-agricultural data did not bring about a change in the market, but continued to fall. From the news perspective, there is an expectation of a rate cut in September, but according to the current market trend, the news of the rate cut is a bit confusing. The market is expected to sell the fact in advance, but the current unsatisfactory market makes me suspect that the fact of the September rate cut is a smokescreen. From a technical perspective, the current market does not have the conditions for a reversal. It is still considered to be high-altitude during the day, waiting for the bottom signal to appear and looking for a point to enter the long-term long position.
Operation suggestion: enter long orders in batches at 55800-56300, target 54500-54000 range, risk control around 56500
Again, no matter how high your judgment of the future market is, you must take the stop profit and stop loss well.
In investment, everyone has their own different experiences and stories. As long as you are good at summarizing, overcome the weaknesses of greed or fear in your character, and develop correct investment ideas and good operating habits, then one day you will leave your own wonderful investment story. $BTC #BTC走势分析