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 mule 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!

Here, I wish my fans to achieve financial freedom in 2024. Let's cheer together!

Cryptocurrency Academician: Bitcoin (BTC) Latest Market Analysis Reference for September 23, 2024

Bitcoin is currently near 63800. As of 1:50 pm Beijing time before the publication deadline, the daily K-line has seen seven consecutive rises. The last time there were seven consecutive rises was in early February this year, when the price of Bitcoin rose from 42000 to 50000, an increase of 8000 points. This time, from 58000 to 65000, there is only 1000 points left to surpass 8000 points. Following this line of thought, the distance to the 70000 mark is not far. However, it is still too early to talk about this. Let's focus on the current market situation for now.

Currently, the daily K-line has been above the EMA trend indicator for a week. The EMA trend indicator is still contracting. EMA15 has crossed the EMA120 long-term indicator and reached 61150. The overall trend of the trend indicator is contracting, the bullish trend continues, MACD volume is rising and diverging, DIF and DEA have not yet left the bullish trend of the energy indicator, the Bollinger Bands are opening up, and the upper resistance level has reached 65400. KDJ is diverging and contracting at a high level, and the overall trend is in a high-level consolidation.

The four-hour K-line has stretched upward with three consecutive rises, starting to challenge the resistance level of 65000. The EMA15 trend support point is at 63200. MACD is diverging and shrinking at the top with rising volume, and DIF and DEA are shrinking at a high level, forming a golden cross. The K-line has broken the upper resistance level of 64000 and is focusing on the middle track at 63300. KDJ is diverging and contracting downward, indicating a potential retracement. The suggested approach is to continue to focus on long positions at support levels, with short positions as a secondary consideration at high support levels.

Short-term strategy reference: Since the market is not guaranteed, it is important to set a stop-loss for safety. Small losses for big gains should be the goal.

Short: 65500 to 66000, defend against 67000 to 67500 and fill the short position, stop loss at 500 points, target 64500 to 64000, and consider 63500 if the position is broken.

Long: 63200 to 63500, stop loss at 500 points, target 64500 to 65000, and consider 65500 to 66000 if the position is broken.

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 is recommended for reference only. All risks are at your own discretion.

This article is exclusively provided by the Cryptocurrency Academician and represents the Academician's exclusive viewpoint. Due to the timing of the article's release, the above opinions and suggestions are not real-time and are for reference only. Reprinting requires proper attribution. Please control your positions reasonably and avoid heavy or full positions. The Academician also hopes that investors understand that the market is always right. If you make a mistake, you should reflect on your own issues and not let the potential profits slip away. There is no need to be smarter than the market in investing. When the trend comes, follow it; when there is no trend, observe and wait. It's never too late to act after the trend becomes 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 passion. Gains and losses happen inadvertently. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Cryptocurrency Academician wishes you a pleasant investment experience!

Friendly reminder: The content above is created by the author's public account. The advertisements at the end of the article and in the comments section are not related to the author. Please discern carefully and thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。