Strength does not need to be overly demonstrated, the key is to gain more recognition from others. On the investment road, it is more important to do well on your own than to prove your strength to others. Whether it's a donkey or a horse, you'll know once you take it out for a walk.

As a senior figure in the cryptocurrency circle, I have always been committed to providing helpful advice to everyone, hoping that people will take fewer detours and make fewer mistakes in this market. Although I am earnest, the road to investment still needs to be explored by oneself, and learning is endless. The experience gained is the real wealth!

Witnessing history

Donald Trump paid for food at a Bitcoin bar in New York

This was during a campaign event at PubKey, a bar that accepts Bitcoin payments.

Here, I wish my fans to achieve financial freedom in 2024, let's go together!

Cryptocurrency Academician: September 19, 2024 Bitcoin (BTC) latest market analysis reference

What are you waiting for? Waiting for Bitcoin to soar to great heights? Be rational, look at the market. As of 8:30 am Beijing time before the deadline, the current price of Bitcoin is 62150, the overall trend has reached the top pressure level, can it continue to break through? Let's look at the current EMA trend indicator, which is starting to contract. EMA15 has passed 30, and the overall trend is starting to rise and stretch. The support level is around 60800, MACD volume is increasing, DIF and DEA are continuing to diverge, and the upper rail pressure level of 62550 is the key focus.

The four-hour K-line is influenced by the news, continuously breaking the previous high, and the MACD top deviation continues to increase in volume. The upper rail of 62000 in the four hours has failed to break through the pressure and turned into support. The EMA trend indicator is expanding upward, but the mesh is still alternating and has not ended, which means that the bulls still have space and have not finished yet. At this time, we can only wait for the pullback before choosing the direction. Do not chase after the rapid rise and fall of the market, especially in the case of such a strong bull, wait for the pullback if you haven't entered yet. Remember, do not trade against the trend.

Short-term strategy reference: Since the market is not 100% predictable, be sure to set a stop-loss for safety first. Those who aggressively pursue long positions must be prepared for the risk of market retracement, safety first.

Short: 63000 to 63300, target 62500 to 62000, break position to 61500, stop loss 500 points

Long: 60500 to 61000, target 62000 to 63000, break position to 63500, stop loss 500 points

Specific operations should be based on real-time market data. For more information, please consult the author. The article is published with a delay, and it is recommended for reference only. Trade at your own risk.

This article is exclusively provided by the Cryptocurrency Academician and represents the exclusive views of the academician. It has in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions are not real-time and are for reference only. Trade at your own risk. Reprinting should indicate the source. Control your positions reasonably, and do not overexpose or fully expose your positions. The academician also hopes that investors understand that the market is always right. If you are wrong, you should reflect on your own problems and not let the potential profits slip away. There is no need to be smarter than the market in investment. When the trend comes, follow it; when there is no trend, observe and be patient. It's not too late to act after waiting for the trend to become clear. Tomorrow's success comes from today's choices. Heaven rewards hard work, earth rewards kindness, people reward sincerity, business rewards trust, industry rewards precision, and art rewards heart. Gains and losses are all in the blink of an eye. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Cryptocurrency Academician wishes you a pleasant investment!

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