Bi Jinyan: Analysis of Bitcoin Market on August 1: Can the long and short key positions rebound?

At 2 a.m., the Fed's interest rate decision remained unchanged, which did not change the market. However, after the news was announced, Powell's speech caused the market to fall again. It fell below the key position of the golden section of 0.618. Can we still consider going long at present? First of all, we should pay attention to the strong support level of the golden section of 0.5 below. This is the center of the long and short dividing line. If you consider going long, you can try it in this strong support. The current pressure above is around 65,000. This is the target position we consider for rebound.

Operation suggestion: enter long orders in the 63,600-63,100 range, target the 65,000-65,500 range, and risk control around 62,800

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 #美联储何时降息？