Let me first state my viewpoint
The uptrend may continue, and a pullback is an opportunity to go long
From the current macro market
The impact of the selling pressure of MT Gox and the outflow of Ethereum ETH has been diluted. Comrade Jianguo also boasted at the conference that he would use BTC as a strategic reserve asset, and there were a series of speeches in support of BTC. Sober people may say: the pie drawn in the speeches of previous elections has rarely been implemented. But it doesn’t matter. Combined with the current favorable conditions of many parties, the weighted index of BTC has risen to its peak
From this point of view
In terms of trend, we cannot overly look at the short position as fuel. After all, one of the main reasons why BTC has reached its current height is that it can force the market to a certain extent through market heat. So it can be asserted that the goal of this round will not stop at 7w. Even if there is selling pressure, it will be during the period of hitting a new high above 7w, but the new high will not be the end.
Finally, I would like to quote Comrade Jianguo: Never sell your Bitcoin.
