I'm not worried about the short-term decline for now ๐
Looking at the chart, it seems to be holding at the support line of 57000.
I think it will probably decline in the future, to be honest.I think it's not a good idea to be confused by the recent candlestick chart now.
โ What is the current trend?
The chart above is from August,The red circle represents the "downtrend due to concerns about the Haristrade", while the blue circle represents the "failed trend reversal due to hints of rate cuts".That's what it is.
Even if it is possible to rise from here
So why did it change?
That is because as part of the fundamental, ไปใฏ่ฆใใใใใใใชใใงใใใไปฎๆณ้่ฒจ่ชไฝใใฉใใฃใชใใฃใฎ้ซใ่ณ็ฃใจใชใฃใฆใใพใใใใใใชใใใโกไปๅพใฎใใใใณใคใณใฏใฉใใชใ๏ผใงใฏใไปๅพใใใใณใคใณใฎๆชๆฅใฏใชใใฎใงใใใใ๏ผๆชๆฅใ่ฆใใใใใงใฏใชใใงใใใใFrom this, it is thought that the US presidential election will be more important in trading than the suggestion of a rate cut. In other words, in the Bitcoin market (including other cryptocurrencies)The renewal of the highest price requires the abolition of the Haristrade concerns.
ใงใใใใชใใผใฑใใใใใ8ๆๅๆฌใพใงใใชในๆฐๅชๅขใจใชใฃใฆใใ็ถๆณใใใใฉใณใๆฐใซ้่ปขใใฆใใ็ถๆณใจใชใใพใใใ็็ฑใฏใฏใฃใใใจใฏใใพใใใใๆฐไธปๅ
ๅคงไผใงใฎใใชในๆฐใฎๅ
ฌ็ดใ่ฆๅ ใชใฎใงใฏ่จใใใฆใใพใใ็พ็ถไธ่ฝใใฌใณใ็ถ็ถใงใฏใใใพใใใไปๅพใฎไธๆไฝๅฐใฏ8ๆๅๆฌใใใๅบใฆใใฆใใใใจใซใชใใฎใงใใ,ใใจใใใฎใ็งใฎ่ฆ่งฃใซใชใใพใใ
From the above, I don't think it makes much sense to struggle on the chart at the moment.
โกWhat will happen to Bitcoin in the future?
So, does Bitcoin have no future? It's not clear what the future holds, but,I don't think so.
That's the point where the Harris advantage in the presidential election is starting to turn around.It is now a situation where Mr. Trump has turned the tables on Mr. Harris from the situation where Mr. Harris was dominant until early August, according to Polymarket. It is said that the factor is the promises made by Mrs. Harris at the Democratic National Convention. Although the current downtrend continues, there seems to be more room for upward movement in the future than in early August.
Furthermore, even if Haritrade continues in the future, there doesn't seem to be much cause for concern from a technical perspective in the medium to long term.
The chart above is viewed on a monthly basis. This pattern is called a "cup with handle". The cup with handle isa chart pattern that resembles a teacup with a handle, and it is a price movement that is more likely to rise in stocks and FX.At the current stage, it is in the process of "handle formation after cup formation", which is the cup with handle.Final stage.It may also be the case that some experts are aware of this, considering the point that they say, "Currently it is falling, but it will rise in the future."
From the above points, "I think there is still a great potential for decline in the short term, but the future looks bright in the medium to long term.This is my opinion.
3) It may be tough now, but let's get through it.
Selling off in the short term is a very wasteful thing. Only those who have a medium to long-term perspective can ultimately succeed in asset management.I believe that I will continue to"Buy when the price goes down"so everyone, please overcome this downward trend with that spirit!!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
ใใกใณใใกใณใฟใซใปใใฏใใซใซใงใใฌใผใใใพใใ
ใใไปฅๅคใงใๅๆใใพใใฎใงใชในในใกใๆฐใซใชใ้ๆๆใใฆใญ๐
118Followers
7Following
298Visitors
Follow
ใดใใใ OP : If you're interested, please come and check out the detailed analysis I wrote on the bitcoin bulletin board yesterday.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")