Bitcoin rose to the key position of 69,000. Will it break through directly? Or will it choose to fall violently? Kill a wave of retail investors chasing high prices? ⁉️
From the trend this morning, the volatility should be relatively small over the weekend. Bitcoin is close to the 70,000 mark. It reached 69,000 last night. There is a big article to be written at this position‼ ️
Bitcoin began to test the 70,000 mark last night. However, this rise did not directly break through 70,000 at one time, but chose to rise to around 69,000. Stop rising and make a sideways shock. So here we need to pay attention to a very big risk event, that is, is it possible? Many retail investors see that 70,000 is about to break through, and they want to buy fomo to suppress Bitcoin from breaking through 70,000, and then before breaking through 70,000 or after a slight breakthrough of 70,000, they will give a wave of huge profits and fall to form a long-short double kill. This is the point I want to remind everyone to pay attention to. Don't chase high prices. Bitcoin is now facing a risk because if Bitcoin directly breaks through 70,000 at one time, it can be understood as a strong rise. The dog dealer intends to get rid of all retail investors by rising rapidly💰💰
But this time, the trend of Bitcoin is that after rising to around 70,000, it will go sideways at 69,000. It gives retail investors many opportunities to get on board, and many retail investors who want to chase high prices have a point to get on board. So at this time, we actually need to beware of the dog dealer making a fake move, which is what I told you about whether it is possible to hover below 70,000 and then go directly down. A violent pin-in will blow up retail investors who chase high prices, or a slight rise. Because now there is only a slight rise of 1,000 points from 70,000, after breaking through 70,000, it will quickly and violently blow up these retail investors. It was very common in the middle of the bull market in the past. I have mentioned to you more than once that there are many traps for retail investors in the middle of the bull market, which will let you chase high and then give you a heaven and earth pin to blow up your position or stop loss. Because the bull trend will definitely continue, but he has to find a way to get retail investors off the bus or kill more retail investors, so at this time, this heaven and earth pin, especially like today, goes sideways below 70,000. Then the probability of going to heaven and earth to verify is very high, so at this time I would like to remind everyone not to chase high prices.You can call back and receive more. 💰💰
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