2024-10-15 BTC market analysis

In recent days, the price of BTC has been very strong and unilaterally rising. It just rushed to 67953 before the first round of decline, and the price was still at 65000 yesterday. In the article, Bosheng emphasized that if the market continues to move unilaterally, the price will reach around 67000 before the 17th. Now the trend is stronger than expected, coming faster and going farther.

Back to the market, it has ushered in the first round of retracement of this round of 9000 points. If the price falls below 64000, the next retracement will reach the 1h middle track (62000) again. Before that, the price will fluctuate widely for a period of time and move away from the 1h upward trend line in the form of sideways trading to the right. During this period, the price is likely to touch above 67000 again.

It should be emphasized that if the price can stabilize the 1h upward trend in the short term, then the current retracement is just a normal profit-taking in the rising process, and the next target will be 7w. But Bosheng personally believes that the probability of such a trend is very small. $BTC #美国大选如何影响加密产业？ #加密市场急跌 #BTC☀ #BTC走势预测 #BTC走势分析