As of today, Bitcoin has been fluctuating sideways at a high level for nearly two months,
making many people begin to lose confidence in Bitcoin. Will Bitcoin rise or fall next?
In my opinion, pessimistic market sentiment is a good thing.
Because the market is always developing in disagreement, without these bearish people,
how can the main force absorb chips? If the main force cannot absorb chips and cannot control the market, how can Bitcoin rise,
how to break through?
The current market is typical of grinding away retail investors. A typical short structure, but it does not plummet, and it does not strengthen, and it will last at least for more than 1 month. In this round of market,
many new normals have appeared. The emergence of ETFs has reduced the volatility of the entire currency circle. If the same indicators appear in the cottage in 2021, it should have been cut in half three times, and Bitcoin should go to 50,000.
But now the cottage has only been cut in half once, and Bitcoin maintains 60,000. So I believe that the price of Bitcoin will continue to rise, and even launch a strong attack on 65k, pulling out a big positive line! No matter if you are short or full now, no matter what currency you hold, please continue to hold the currency and don't waver. Only by enduring loneliness can you keep prosperity.
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