August 27, 2024
The interest rate will be cut next month, and the global decline before the interest rate cut has already begun
In the half month before the interest rate cut, there is a 70% probability that the price of Bitcoin will go to 57,400 for a second test and then go up
, which is a relatively short-term
Yesterday, I talked about Bitcoin around 64,000. The 2-day line has formed a downward trend. Bitcoin has fallen by $1,200 so far. Now the 1-day line has also formed a downward trend. There are still 12 hours, 6 hours, and 4 hours left. There is still a probability that there will be a wave of air force explosions, probably around 66,000-67,000. If it goes down, this position is a double bottom at the 1-hour level. As long as it does not break 61,800, it will go up first
Plan: Wait and see
