🚨🚨🚨You are right, this is a water article without any nutrition! !
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Bitcoin soared to the $67,000 mark at 3 a.m., and soared nearly 5% in 24 hours. This momentum is stronger than Ethereum, which is about to issue an ETF. Many fans asked me why. To be honest, there was no big movement in the macroeconomics, and there was no new good news. I thought that it might be the rumor that Biden was considering not running for re-election, which made everyone think that Trump would come back. Moreover, Trump will attend the Bitcoin Conference next week, which probably gave the market a shot of adrenaline, and the mood came up immediately. In the final analysis, the market is still determined by emotions.
From the data, today is similar to usual. Old investors did not run much. It was mainly those who made money in the past week who were selling. The support between $64,000 and $69,000 is strong, and the market is stable.
As I always said before, when there is no big news, the market likes to swing back and forth, so let's just watch calmly.
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