A week has quietly passed, and there have been earth-shattering changes this week. Bitcoin has once again broken historical highs. This week also welcomed another interest rate cut from the Federal Reserve, and Trump was re-elected. With all these news influences, it has brought huge benefits to our circle. After a dip on Monday, Bitcoin came down to the level of 66810 and then started a continuous upward trend, reaching a peak of 79882 by the weekend, almost touching the 80,000 mark. Remember a few months ago when Mingjie said we would see 100,000 by the end of the year? This is gradually being validated.
From the layout perspective, we can see that the dip on Monday provided a bearish outlook, but after moving in a single direction, Mingjie has been encouraging everyone to participate in low buying, perfectly corresponding to this week's trend. Many friends wanted to short the market midway, but Mingjie advised against it. You can watch for a pullback, but you shouldn't short; the pullback gives opportunities for buying. Friends who follow Mingjie should know that the success rate of the strategies given this week reached 98%. Overall, the market predictions have been very accurate, and those who kept up have at least tripled or quintupled their investments. Interested friends can take a look back.
Now, let's talk about Mingjie's view on next week's market. Currently, Bitcoin has reached a historical high, and Ethereum has entered a crazy rebound phase. The overall trend is upward. In the past few days, Bitcoin broke through all previous resistance levels with a strong bullish candle, which also means that there are no resistance levels ahead; the market will only become crazier. Ethereum has also broken out of its range since August, and the next target can be seen around the resistance level of 3500 above. Therefore, the market still looks to continue in a bullish trend. $BTC $ETH
Long-term Bitcoin 77500-77000 buy, target around 83000; Long-term Ethereum buy around 3000, target around 3500 #BTC挑战8W大关 #大盘的下一步? #BTC创历史新高 #美联储利率决议来袭