$BTC
After BTC began to rebound based on the analysis and judgment the day before yesterday, pay attention to the three resistance levels above 62387, 64067 and 66440. The first resistance level has been reached, and it fell slightly after the first test and has increased by 4.31%.
Will it continue to rise?
First of all, from a longer-term perspective, the highs and lows have begun to rise since 8/5. Bitcoin may start the next round of rising prices. In addition, various countries have begun to cut interest rates, and many funds have begun to flow into many financial markets such as the stock market. Cryptocurrency The chances of the currency going bullish next are also higher due to the inflow of more funds.
So seize every opportunity to step back.
As for the recent non-farm economic data that is better than expected, many people think that it will be detrimental to interest rate cuts. In fact, you can relax. The Fed was previously worried about causing an economic recession, and this time the data just makes the economy more confident about a soft landing. This is what I mentioned before Steady interest rate cuts, stabilizing the economy and other positive factors for growth.