Thursday Analysis
After the Federal Reserve's rate cut and Powell's speech, Bitcoin's volatility remains high. It initially surged upward, reaching around 94,400 points, then started a downward trend. Currently around 90,000, it has dropped more than 4,000 points.
Today's trading strategy mainly focuses on buying the dips. There is a high probability that the price will break below the 90,000 support level, but it's not a big problem; a pullback is a good opportunity to go long.
Bitcoin is between 89,600 and 89,100, with an outlook to 93,500. If it doesn't break, you can hold. Once it breaks t
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