Recently, the market has been fluctuating. Bitcoin has risen from around 49,000 at the beginning of August to 62,800 now. The price has already increased, and on the weekly chart, it has only returned to range-bound fluctuations. However, this position is a trap before the rise. After October 15th, it should be a turning point for the market, and the future target remains a historical high.

From the structure of Bitcoin, after the crash in August, although there have been repeated washouts, the bottom of each pullback has been gradually rising, and the signs of the main force supporting the price have become increasingly obvious. These signs of accumulation are preparing for the next explosive increase. The market is about to reverse dramatically. Seize the opportunity, plan ahead, free technical analysis, market communication, discussion, contact me on WeChat: CX198500l