Yesterday(8/15 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $24316, its lowest as $23756, its highest as $25246, its closing as $24099. Bitcoin rose sharply after Monday's start, reaching a high above $25k at 03:15, then plummeting below $24k, then flattening, then falling again at the end of the day, reaching a bottom at 23:00, ending -0.9% down.
If you look at the 4hr chart, when it broke the recent high above $25k at the beginning of the day, a rsi downward divergence pattern appeared and then plunged, in order for the bull market to continue, a rebound is needed here. On the daily chart, the pattern of corrections after breaking the highs in recent days continues, and the uptrend seems to be alive.
In the macro market, oil prices fell, dollar index and bond yields rose, and the stock market rose as the Chinese government cut key interest rates amid sluggish economic indicators. Until the FOMC minutes are released tomorrow(Wednesday), the stock market continues to rise, and there is a high possibility of one big move after Wednesday, so investors in the crypto market need to be careful