BTC Price Alert is here!
Does everyone still remember my previous price predictions for Bitcoin and BNB? Basically, they have all come true. So what will happen next?
I’ve noticed many people directly copying my trading strategies, even my dear friends are using them. It’s great to share information with everyone; as long as we can help one person, I’ll be very satisfied.
Based on my current analysis, Bitcoin has attempted to surge 5 times this year and has also tried to drop 5 times. The last attempt was a bit different from the previous ones; everyone has seen the chart before, that time BTC was tightly compressed both up and down, but this time it hasn’t compressed much. So I think there is a 90% chance that BTC will pull back before reaching $64,000, then it could touch $72,000 to $75,000. This week is unlikely, but two weeks later, after the elections, it’s quite possible. Before the elections, the market is somewhat stable, with frequent ups and downs, but BTC hasn’t touched $70,000; it feels like a trap, and the market is pretty confusing right now.
Why is the market so stable?
The Bank of China has lowered interest rates, increasing purchasing power. 0 (this might refer to an indicator or data, but the original sentence is not very clear, so I kept it as is) because many traders are buying low according to the weekly charts, and it has risen 3%. The US stock market is also quite stable, which is a good sign.
Of course, there are some bad signs as well. The US interest rate cut is still not confirmed, stock market indices are quite stable, but many company stocks have fallen. The market has a bit of panic and confusion, and the Middle East has announced a state of war, with some people spreading negative news in the market. So the market is stuck like this.
However, we noticed that investments have increased within 24 hours, which was quite unexpected. So the price hasn’t really dropped below $64,000 to $65,000, nor has it risen above $69,000. Therefore, the long-term buying point is around $65,000 to $66,000, while the short-term selling point is at $69,000.
Wait for my next article, and by then, we will be able to see the market more comprehensively.
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Recently, I plan to ambush a potential coin that is ready to explode; doubling it is quite simple. At the same time, I’m also looking for some potential coins to hold until the end of the year, with an expected space for more than 10 times is not a problem. If you want to keep up, follow me for free sharing.
