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Coin Industry Academician: 2024.10.24 Bitcoin (BTC) Latest Market Analysis
The current price of Bitcoin is 65,800. Now at 2:40 a.m. Beijing time, the K-line is drawing the door. The highest is 67,500, and the lowest has reached 65260. Yesterday, two ideas were given to see more than 66,000, looking at 67,000. After falling below the target, there were no mistakes in either direction. They reached the intended target. The only pity was that we stepped back at a high position and didn't miss the opportunity to get on the bus, so we never caught this wave of emptiness. In the end, we had to choose an empty position. level trendspressure levelThe empty idea is still correct until now
The daily K line fell below the EMA15 trend support point 66100. The next support point focuses on the EMA30 trend line 64600.MACDThe volume decreased, and DIF and DEA contracted downward at high levels, showing signs of forming a dead cross. The Bollinger Band mid-regulation support focuses on 64800.KDJAfter the downward dead fork formed, diving began to spread. The bears continued, and the idea of continuing to explore the sky did not change, but you should remember those six words when entering the market. If the trend doesn't adjust, don't step on the pressure level, don't choose to enter the market for a while, be steady and be patient and wait for an opportunity
The K-line entered an obvious downward channel for four hours. The fast line continuously fell from the high EMA trend line to the EMA 120 support point 65500. Now it depends on whether this position support is effective and can stop the K-line from falling further. After the MACD volume increases, DIF and DEA fell below the 0 axis, and the Bollinger band also opened downward. The K line also fell below 66600, and KDJ began to try to stop the K-line from falling further. It can be seen that 65500 has strong support in the short term. There will be no further decline. Pulling back to the pressure level is It's a good time for us to go short. We wait for the best entry point to appear before entering the market. The idea is still to step back on the pressure level and go short. The bottom will be decided after the real-time market data is clear and effective
Short-term idea reference: the market is not 100%, so you must bring good stop loss, safety, first, small loss, big profit is the goal
66,500 to 67,000 empty, defensive 67,500 to fill positions, stop loss 500 points, target 66,000 to 65,500, break ground at 65,000
65,000 to 65,300 more below, 64,500 defensive positions, 500 points of stop-loss, target 66,000 to 67,000, breakout to 67500
The specific operation is mainly real-time market data. For more information, please contact the author. There are delays in publishing the article. Suggestions are for reference only at your own risk
This article is exclusively contributed by academicians in the coin industry and only represents the exclusive views of academicians. There is in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of publication of the article, the above opinions and suggestions are not real-time. They are for reference only. You are at your own risk. Please indicate the source, make an order to properly control positions, and never operate heavy or full positions. Academicians also hope that investors will understand that the market is always right. If you make a mistake, you should summarize your own problems and not let the profits you should have earned fly away. There is no need to invest more smartly than the market. When a trend comes, follow it; when there is no trend, watch it and keep quiet. After the trend finally becomes clear, it's not too late to get started. Tomorrow's success stems from today's choices: God rewards hard work, proper rewards, humanity rewards honesty, business rewards, good business rewards, and artistic rewards. The gains and losses are all unintentional. Develop the habit of strictly taking stop loss and take profit with every order. Coin industry academicians wish you a happy investment!