After Bitcoin broke through 70,000 US dollars, the market began to pull back due to the Mentougou currency transfer incident, with the lowest price dropping to 67,000. It is currently trading sideways around 68,600. In fact, regarding the Mentougou time, old leeks know that this is a cliché. He needs to come out to make trouble in every round of the market. I hope he will land sooner. Mentougou is preparing to repay the creditors before the repayment deadline on October 31. Compared with Grayscale's volume, Mentougou's volume is more moderate. There is no need to panic excessively. Small events can only slow down the trend, not change the trend. The gap between BlackRock and Grayscale's Bitcoin holdings has narrowed to less than 2,000 BTC, so the market's large institutions will also be replaced at different times.

I have to take a preventive shot today. Bitcoin's overall performance yesterday was secondary, but it is a bit abnormal that such a thing happened twice this week, and it happened at the same location and at such a time node. I am still optimistic about the future market environment. I mean the medium-term environment, but it is necessary to be more careful about the current short-term environment, especially for those who play contracts. The air force has just exploded in the past few days. Once the trend line is broken, it will fall back to 60,000. Now is a gap period for short selling, and the downward pressure from the main force is not great. #BTC走势预测 #BTC走势分析