🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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📅 Ends at 16:00, Sep 17 (UTC)
The small non-farm payroll/initial jobless claims are both bullish, U.S. stocks opened slightly higher, and Bitcoin remains under pressure...
A wave of sharp decline in the morning came as expected, indicating that the selling pressure at resistance levels was severe. The rebound in Europe and the United States is weak, and the transition between strong and weak is still very weak.
Although the evening data is favorable, the difference is not significant, making it difficult to boost the current bearish trend, so the short-term trend is turning downward...
The key resistance level for Bitcoin is at 11.3/4500. Since it's unable to break through, let's continue to wait...
The market is focusing all its attention on the non-farm payrolls. If the performance is strong, it may face a second dip. #BTC#