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BTC retreated to a high of $12291.97 and a low of $11229.95. It is currently at $11507.64, with a range of -0.2%.
There is no problem with the basic logic of the recent days' rise and stabilization: the us interest rate cut, the intensification of sweater war friction, exchange rate and other external factors, but due to the excessive pace and magnitude of the early rise, there may be the risk of a correction, pay attention to the observation and risk.The previous several periods said the dollar index rise cycle, bitcoin will enter the decline cycle, open into a negative correlation.BTC topped $12,000.It looks like it's gone up a lot.In fact, it is the falling value of the dollar that drives up bitcoin. The dollar index has fallen for several days in a row in recent days.BTC is a part of the expected decline of the dollar will rise so buy, but yesterday the dollar rose and bitcoin formed a negative correlation.Today, the only negative words can be found is the Chinese traditional festival qixi festival, the people who stir-fried COINS are all young people, young people are celebrating this festival so there is no reason not to spend, so we should be careful to avoid robbery and consumption.The reason looks farfetched, but the domestic capital field is so, meets meets falls the event too many.
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