Recently, the market has been fluctuating repeatedly. Bitcoin has risen from around 49,000 at the beginning of August to 62,800 now. The price has come up, and from a weekly perspective, it has just returned to a range of fluctuations. However, this position is a trap before the rise. After October 15th, it should be a turning point for the market, with the subsequent target still being a historical high.

From the structure of Bitcoin, after the crash in August, although there have been repeated washouts, the bottoms of each pullback have gradually risen, and the signs of the main force supporting the price are becoming increasingly obvious. These signs of accumulation are all preparing for the next explosive rise. For market discussions and exchanges, please contact me on WeChat: CX198500l