BTC走势
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$BTC 5.16 Bitcoin Trend Analysis
There are two expected trends for Bitcoin, currently leaning towards a double sawtooth structure.
The smaller scale structure is inclined towards a triangular fluctuation, expecting a directional upward breakout today; continue to hold long positions.
#开单建议
Speculate on short-term longs near 103000, increase long position by 100,000, stop loss at 99400.
#比特币走势分析 #BTC走势
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There are two expected trends for Bitcoin, currently leaning towards a double sawtooth structure.
The smaller scale structure is inclined towards a triangular fluctuation, expecting a directional upward breakout today; continue to hold long positions.
#开单建议
Speculate on short-term longs near 103000, increase long position by 100,000, stop loss at 99400.
#比特币走势分析 #BTC走势
点击加入军长社群 （入口1）
点击加入军长社群 （入口2）
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At 8:38 AM, a bold analysis of the trend is made. Given that there is still 1 hour and 15 minutes until the weekly and daily close, the closing results are basically not surprising. Xiao Jiu gives everyone an analysis in advance. From the daily perspective, Bitcoin has formed a death cross opening downward, and there is no trend change in the short term. Note!! A change and a pullback are two different things; the trend is downward, and Christmas is approaching. This year's Christmas is unpredictable, as there has always been a saying, 'At the end of the year, who knows if a black swan will come.'
But from both a technical and news perspective, Bitcoin will still retest, with a low point to watch around 92,000. If it breaks below 92,000 with volume, one can enter a short position on the right side. Currently, the resistance above is 98,500, and if it stabilizes, it will once again challenge the 100,000 mark, looking above 100,000.
Feeding operation
Short Bitcoin around 96,000-96,500, take profit at 94,500, stop loss at 97,800
Short Ethereum around 3,380, take profit at 3,250, stop loss at 3,410
Finally, I wish everyone wealth. If you like Xiao Jiu, give Xiao Jiu a follow!
But from both a technical and news perspective, Bitcoin will still retest, with a low point to watch around 92,000. If it breaks below 92,000 with volume, one can enter a short position on the right side. Currently, the resistance above is 98,500, and if it stabilizes, it will once again challenge the 100,000 mark, looking above 100,000.
Feeding operation
Short Bitcoin around 96,000-96,500, take profit at 94,500, stop loss at 97,800
Short Ethereum around 3,380, take profit at 3,250, stop loss at 3,410
Finally, I wish everyone wealth. If you like Xiao Jiu, give Xiao Jiu a follow!
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Bitcoin is a large-scale scam led by the beautiful country, and a few years ago, they recognized the risks early on and directly banned it. This was because there were not many customers from the dragon country entering the market, and existing customers were withdrawing, which created the so-called bull market for Bitcoin. If it hadn't been banned, it would have become a tool for money laundering or capital flight domestically.
The price of Bitcoin is still high because this tool is still useful to the beautiful country, but central banks around the world are very clever. Who would really treat it as a reserve currency? Everyone is afraid that the beautiful country will harvest too brutally and directly sweep everything away.
In the past, they created financial tsunamis by manipulating the US dollar exchange rate, harvesting the wealth of emerging developing countries. Later, due to the strong rise of the renminbi, manipulating the US dollar exchange rate to create financial tsunamis didn't work anymore, so they came up with Bitcoin. However, they didn't expect that the dragon country would directly resist alongside many emerging countries, forcing the beautiful country to play the game by transferring assets between its own hands. The beautiful country plays happily, but others will still continue to be harvested.
The price of Bitcoin is still high because this tool is still useful to the beautiful country, but central banks around the world are very clever. Who would really treat it as a reserve currency? Everyone is afraid that the beautiful country will harvest too brutally and directly sweep everything away.
In the past, they created financial tsunamis by manipulating the US dollar exchange rate, harvesting the wealth of emerging developing countries. Later, due to the strong rise of the renminbi, manipulating the US dollar exchange rate to create financial tsunamis didn't work anymore, so they came up with Bitcoin. However, they didn't expect that the dragon country would directly resist alongside many emerging countries, forcing the beautiful country to play the game by transferring assets between its own hands. The beautiful country plays happily, but others will still continue to be harvested.
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#BTC走势 1, #BTC's two breakthroughs of 100,000 create fertile ground for future new highs. Without a correction in the secondary market, there won't be a continuous influx of new forces, and there won't be stable long-term increases.
2. The fundamental advantages of the larger cycle remain unchanged, unless a black swan event similar to the previous round's FTX explosion occurs. Each bear market from a bull market is a chain reaction of trust crises in the industry. Without the drive of top projects or institutions, it is difficult to break the basic trust consensus. If I had to find a signal target in this bull market, I choose the collapse of #Hyper as the beginning of the bear market.
$BTC
2. The fundamental advantages of the larger cycle remain unchanged, unless a black swan event similar to the previous round's FTX explosion occurs. Each bear market from a bull market is a chain reaction of trust crises in the industry. Without the drive of top projects or institutions, it is difficult to break the basic trust consensus. If I had to find a signal target in this bull market, I choose the collapse of #Hyper as the beginning of the bear market.
$BTC
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#BTC走势
The current price of BTC (Bitcoin) is $94,768.07. From the analysis of recent technical indicators, the market trend is not clear. The MACD histogram remains positive and is gradually shortening, indicating a weakening of bullish strength. At the same time, the KDJ indicator shows no clear golden cross or death cross signals, reflecting a neutral state, with a KDJ value of 22, indicating a downward trend, and there is a situation of volume-price divergence.
In terms of trading strategy, based on the analysis of the recent 4-hour candlestick technical indicators, there are some suggested buy and sell points, as well as corresponding stop-loss levels. For example, the first buy point can be set at a price of 92,723.98, the second buy point at a price of 94,118.0, while the first and second sell points are at prices of 105,028.33 and 99,563.0, respectively. Meanwhile, the recent support level is at a price of 94,118.0, and the resistance level is at a price of 99,563.0.
The current price of BTC (Bitcoin) is $94,768.07. From the analysis of recent technical indicators, the market trend is not clear. The MACD histogram remains positive and is gradually shortening, indicating a weakening of bullish strength. At the same time, the KDJ indicator shows no clear golden cross or death cross signals, reflecting a neutral state, with a KDJ value of 22, indicating a downward trend, and there is a situation of volume-price divergence.
In terms of trading strategy, based on the analysis of the recent 4-hour candlestick technical indicators, there are some suggested buy and sell points, as well as corresponding stop-loss levels. For example, the first buy point can be set at a price of 92,723.98, the second buy point at a price of 94,118.0, while the first and second sell points are at prices of 105,028.33 and 99,563.0, respectively. Meanwhile, the recent support level is at a price of 94,118.0, and the resistance level is at a price of 99,563.0.
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On December 1, 2023, Bitcoin, which broke the $100,000 threshold, caught people's attention. However, Chambers issued a warning, stating that while Bitcoin may still rise to $120,000 or even $150,000, a significant correction could follow.
"Bitcoin operates in clear cycles. We see it time and time again — something that rises sharply often falls just as quickly. A 50% drop is not uncommon," he warned.
Despite potential pullbacks, Chambers emphasized the utility of Bitcoin as a portable, decentralized asset, particularly valuable in times of geopolitical turmoil. "Bitcoin has become the ultimate flight capital for those in turmoil. It is independent of banks, making it particularly well-suited for crisis situations," he added.
"Bitcoin operates in clear cycles. We see it time and time again — something that rises sharply often falls just as quickly. A 50% drop is not uncommon," he warned.
Despite potential pullbacks, Chambers emphasized the utility of Bitcoin as a portable, decentralized asset, particularly valuable in times of geopolitical turmoil. "Bitcoin has become the ultimate flight capital for those in turmoil. It is independent of banks, making it particularly well-suited for crisis situations," he added.
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The head of cryptocurrency at the White House stated that Trump signed an executive order to establish a strategic Bitcoin reserve. This reserve is funded solely with Bitcoin that was previously confiscated illegally; besides this, the government will not acquire any additional assets for this reserve...
This is purely a way to play with people's expectations. They just signed off on a Bitcoin reserve, but it's only a guarantee not to crash the market, and they emphasized that no new assets will be purchased, with no new increase in reserves. There's a lot of noise but little action, and Bitcoin has plummeted in response.
The current market is highly manipulated, so it's advisable to watch more and act less; principal comes first, and good risk control is essential!
For those looking to buy the dip, it's suggested to wait until April, as the influence of Trump could very likely push Bitcoin into the 60s!
This is purely a way to play with people's expectations. They just signed off on a Bitcoin reserve, but it's only a guarantee not to crash the market, and they emphasized that no new assets will be purchased, with no new increase in reserves. There's a lot of noise but little action, and Bitcoin has plummeted in response.
The current market is highly manipulated, so it's advisable to watch more and act less; principal comes first, and good risk control is essential!
For those looking to buy the dip, it's suggested to wait until April, as the influence of Trump could very likely push Bitcoin into the 60s!
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#BTC走势
Do not be confused, when others are greedy you reduce your position, when others reduce their positions you intervene!……………………………………………………！
Too many examples can affect your judgment, keep a good rhythm, do not lose your principal!…………………………….！
The harder it is, the more you must surpass yourself!…………………..!
Do not be confused, when others are greedy you reduce your position, when others reduce their positions you intervene!……………………………………………………！
Too many examples can affect your judgment, keep a good rhythm, do not lose your principal!…………………………….！
The harder it is, the more you must surpass yourself!…………………..!
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#BTC走势
BTC is the original blockchain, ETH is the version 2.0 of blockchain, pioneering deployable smart contract L1 public chains. Afterwards, L1, L2, L3, consortium chains, and privacy chains have sprung up like mushrooms after rain, thriving with the emergence of popular public chains like SOL and SUi. Additionally, Ethereum's L2s such as OP and ARP are hot side chains, merely updating to faster TPS, higher security, and lower GAS fees, yet still cannot escape the trap of individualism. Cross-chain still requires external tools, and market information relies on oracle applications. Various obstacles hinder the development of the Web3 world, delaying our distance to the future. Today, SUPRA, with its foundation in Switzerland, has a research and development team of over a dozen computer science PhDs, was established in 2017, launched in 2020, completed its first financing in 2022, and finished its seed round with investments from globally renowned institutions in 2023. Everything is just beginning! If you can understand a bit, please check the official website and Twitter for related information about a company that is about to become a giant in blockchain 3.0, a new star rising (already globally recruiting computer science elites, with a 100 million USD ecological incentive program underway). I hope this message is helpful to you, that's all!❗
$BTC
$ETH
$SOL
BTC is the original blockchain, ETH is the version 2.0 of blockchain, pioneering deployable smart contract L1 public chains. Afterwards, L1, L2, L3, consortium chains, and privacy chains have sprung up like mushrooms after rain, thriving with the emergence of popular public chains like SOL and SUi. Additionally, Ethereum's L2s such as OP and ARP are hot side chains, merely updating to faster TPS, higher security, and lower GAS fees, yet still cannot escape the trap of individualism. Cross-chain still requires external tools, and market information relies on oracle applications. Various obstacles hinder the development of the Web3 world, delaying our distance to the future. Today, SUPRA, with its foundation in Switzerland, has a research and development team of over a dozen computer science PhDs, was established in 2017, launched in 2020, completed its first financing in 2022, and finished its seed round with investments from globally renowned institutions in 2023. Everything is just beginning! If you can understand a bit, please check the official website and Twitter for related information about a company that is about to become a giant in blockchain 3.0, a new star rising (already globally recruiting computer science elites, with a 100 million USD ecological incentive program underway). I hope this message is helpful to you, that's all!❗
$BTC
$ETH
$SOL
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#BTC走势 ChainCatcher message, according to CoinGape report, BTC experienced a strong rebound this weekend after recently falling below the $91,000 mark, currently slightly retreating to around $96,000. During this process, veteran trader Peter Brandt reiterated his bullish view on BTC, indicating that it may continue to rise in the future. Additionally, other on-chain indicators also suggest that BTC has a good momentum ahead. In a recent analysis, Brandt stated that BTC could reach $108,358 in the coming days. However, he also cited technical charts warning that BTC prices might pull back to $76,614 during the upward trend, adding that 'this is not a prediction,' pointing out the risks present in the market. He stated that these analyses reflect 'possibilities, not probabilities, and not certainties.' Furthermore, his recently set BTC price target is $125,000.
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The weekend market fluctuated with little volatility. Currently, Bitcoin is unable to rise above 100,000 and does not fall below 90,000, overall oscillating within this range. There is no obvious direction for the time being, and it is expected to continue fluctuating for a while. The main strategy can be to sell high and buy low within the range. 221277975481450842748463936706933
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#BTC走势
According to the latest data, the price of Bitcoin has risen recently, but the trading volume has decreased, which may indicate that the upward momentum is weakening. At the same time, technical indicators such as MACD and KDJ also show that the current market trend is not clear. Bullish forces are gradually strengthening, but a clear upward or downward trend has not yet formed.
The halving effect, Bitcoin's 'halving' event occurs every four years and has a significant impact on its price. In 2024, the block reward will be halved, reducing the number of newly generated Bitcoins, which will create pressure on supply and further push prices up.
According to the latest data, the price of Bitcoin has risen recently, but the trading volume has decreased, which may indicate that the upward momentum is weakening. At the same time, technical indicators such as MACD and KDJ also show that the current market trend is not clear. Bullish forces are gradually strengthening, but a clear upward or downward trend has not yet formed.
The halving effect, Bitcoin's 'halving' event occurs every four years and has a significant impact on its price. In 2024, the block reward will be halved, reducing the number of newly generated Bitcoins, which will create pressure on supply and further push prices up.
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#BTC走势
Recently, #BTC走势 has been jumping around, and the cryptocurrency world is lively again! Are you also feeling tempted, ready to "buy the dip" or "chase the high"? Hold on, let me give you some honest advice: Investing in Bitcoin is like dating; impulsiveness is the devil, while rationality is true love!
Bitcoin never plays by the rules, its wild fluctuations are reminiscent of an "emotional" partner. Remember: invest with spare money, it should never affect your living expenses; hold it long-term, don't be fooled by short-term volatility. Stay calm, Bitcoin might surprise you, but the prerequisite is that you first learn to hold yourself together!
Investing is a marathon, not a sprint. Always remember to put a "bulletproof vest" on your wallet—rationality! Caution! Safety first!
#BTC走势 #Invest with spare money #佛系持币
$BTC
Recently, #BTC走势 has been jumping around, and the cryptocurrency world is lively again! Are you also feeling tempted, ready to "buy the dip" or "chase the high"? Hold on, let me give you some honest advice: Investing in Bitcoin is like dating; impulsiveness is the devil, while rationality is true love!
Bitcoin never plays by the rules, its wild fluctuations are reminiscent of an "emotional" partner. Remember: invest with spare money, it should never affect your living expenses; hold it long-term, don't be fooled by short-term volatility. Stay calm, Bitcoin might surprise you, but the prerequisite is that you first learn to hold yourself together!
Investing is a marathon, not a sprint. Always remember to put a "bulletproof vest" on your wallet—rationality! Caution! Safety first!
#BTC走势 #Invest with spare money #佛系持币
$BTC
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#BTC走势
Came to Starbucks, ready to continue studying.
Just saw someone stealing that kind of hand paper from Starbucks, really quite unexpected. When I came to get some paper, she had just taken all the paper and left only one. When she saw me coming for paper, she put one back.
The market has been fluctuating these past two days, and I can't figure out the direction for next week. I've seen a lot of older guys lose hundreds of thousands; I envy them for having so much capital.
Maintain a good mindset, preserve capital, and seek development.
Came to Starbucks, ready to continue studying.
Just saw someone stealing that kind of hand paper from Starbucks, really quite unexpected. When I came to get some paper, she had just taken all the paper and left only one. When she saw me coming for paper, she put one back.
The market has been fluctuating these past two days, and I can't figure out the direction for next week. I've seen a lot of older guys lose hundreds of thousands; I envy them for having so much capital.
Maintain a good mindset, preserve capital, and seek development.
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#BTC走势 The Trump family has started to increase their holdings in Ethereum again! Trump is continuously increasing his holdings despite being stuck, there's no need to panic, just small dips, small dips!
Trump is also very honest, publicly supporting Bitcoin while honestly increasing his holdings in Ethereum! The distraction tactic is clearly being played by the guys!
So interesting! In these past few days, continuous dips and continuous aggressive accumulation!
Bitcoin has MicroStrategy and BlackRock acting as major supporters, Ethereum only needs the Trump family as its major supporter! Really intense, still increasing holdings now! This body is too honest! You said you were optimistic about Bitcoin, why are you increasing Ethereum every day?
I said when Trump was elected, Trump favors Ethereum and you didn't believe it! Now with over 90% position continuously increasing in Ethereum, you believe it now, right?
Trump is also very honest, publicly supporting Bitcoin while honestly increasing his holdings in Ethereum! The distraction tactic is clearly being played by the guys!
So interesting! In these past few days, continuous dips and continuous aggressive accumulation!
Bitcoin has MicroStrategy and BlackRock acting as major supporters, Ethereum only needs the Trump family as its major supporter! Really intense, still increasing holdings now! This body is too honest! You said you were optimistic about Bitcoin, why are you increasing Ethereum every day?
I said when Trump was elected, Trump favors Ethereum and you didn't believe it! Now with over 90% position continuously increasing in Ethereum, you believe it now, right?
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#BTC走势 The bottoming out of the Christmas 'robbery' is a cyclical law, coupled with previous negative factors, BTC has fallen from 107,000u to 92,000u, which can be called 'Nurse's Day', but I firmly believe that the long-term uptrend of BTC remains strong. After this important node on January 20, 2025, new policies will be introduced, and I believe 150,000u will become the next new high. However, 'New Year's Day' and 'Spring Festival' are also inevitable hurdles, so before February 2025, the cryptocurrency market will be like a 'roller coaster', and the one with the smallest amplitude will definitely be the most stable BTC.
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#BTC走势 $BTC
Fluctuation followed by a sharp decline: This week, Bitcoin's price has been highly volatile, falling by 7% early Friday before regaining upward momentum, and once again breaking the $100,000 mark in the early hours of December 20, recovering most of the decline since its recent high, but then experiencing another sharp drop on the 20th.
Cautious investors: There has been a continuous large net outflow from Bitcoin spot ETFs, significantly increasing investors' cautious attitudes, though some capital inflow has recently been attracted.
Factors influencing the trend
Policy and regulatory factors: The International Monetary Fund has approved a $1.4 billion extended fund loan to El Salvador, but it restricts its public sector's participation in Bitcoin-related economic activities and the trading and purchase of Bitcoin, which has a certain impact on Bitcoin. Additionally, changes in government policies and regulations regarding cryptocurrencies in various countries have a direct effect on Bitcoin's price; for example, the shift in attitude of the U.S. government and regulatory agencies has positively impacted the cryptocurrency market, yet there remains uncertainty regarding Bitcoin's regulatory policies.
Macroeconomic factors: U.S. inflation is expected to fall to 2% in 2024, which may be favorable for Bitcoin's price. The uncertainty of the global economic situation often increases investors' demand for safe assets like Bitcoin, but changes in economic conditions may also lead to shifts in investors' risk preferences, thus affecting Bitcoin's price.
Market sentiment factors: Market sentiment is significantly affected by the large fluctuations in Bitcoin's price, and the fluctuations in investor sentiment are quite evident. On one hand, the significant volatility of Bitcoin's price has led to an increase in caution among some investors; on the other hand, its price increase has attracted the attention of some investors. The CMC Cryptocurrency Fear and Greed Index reached 83, indicating an extreme greed zone, reflecting investors' optimistic expectations for Bitcoin's future performance, but this sentiment can change at any time.
Fluctuation followed by a sharp decline: This week, Bitcoin's price has been highly volatile, falling by 7% early Friday before regaining upward momentum, and once again breaking the $100,000 mark in the early hours of December 20, recovering most of the decline since its recent high, but then experiencing another sharp drop on the 20th.
Cautious investors: There has been a continuous large net outflow from Bitcoin spot ETFs, significantly increasing investors' cautious attitudes, though some capital inflow has recently been attracted.
Factors influencing the trend
Policy and regulatory factors: The International Monetary Fund has approved a $1.4 billion extended fund loan to El Salvador, but it restricts its public sector's participation in Bitcoin-related economic activities and the trading and purchase of Bitcoin, which has a certain impact on Bitcoin. Additionally, changes in government policies and regulations regarding cryptocurrencies in various countries have a direct effect on Bitcoin's price; for example, the shift in attitude of the U.S. government and regulatory agencies has positively impacted the cryptocurrency market, yet there remains uncertainty regarding Bitcoin's regulatory policies.
Macroeconomic factors: U.S. inflation is expected to fall to 2% in 2024, which may be favorable for Bitcoin's price. The uncertainty of the global economic situation often increases investors' demand for safe assets like Bitcoin, but changes in economic conditions may also lead to shifts in investors' risk preferences, thus affecting Bitcoin's price.
Market sentiment factors: Market sentiment is significantly affected by the large fluctuations in Bitcoin's price, and the fluctuations in investor sentiment are quite evident. On one hand, the significant volatility of Bitcoin's price has led to an increase in caution among some investors; on the other hand, its price increase has attracted the attention of some investors. The CMC Cryptocurrency Fear and Greed Index reached 83, indicating an extreme greed zone, reflecting investors' optimistic expectations for Bitcoin's future performance, but this sentiment can change at any time.
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#BTC走势 to exchange for AB.
Sharp decline after fluctuations rose: This week, Bitcoin's price experienced significant volatility, dropping by 7% early on Friday before regaining upward momentum, and once again breaking above the $100,000 mark in the early hours of December 20, recovering most of the losses since the sharp decline after hitting a new high, but then experiencing another drop on the 20th.
Some investors are cautious: There have been consecutive large net outflows from Bitcoin spot ETFs, and investors' cautious attitude has significantly increased, but some capital inflows have also been attracted recently.
Factors influencing the trend
Policy and regulatory factors: The International Monetary Fund approved a $1.4 billion extended fund loan to El Salvador but restricted its public sector from participating in Bitcoin-related economic activities and trading and purchasing Bitcoin, which has had a certain impact on Bitcoin. Additionally, changes in the policies and regulations of various governments towards cryptocurrencies directly affect Bitcoin's price, such as a shift in attitude from the U.S. government and regulators, which has brought positive effects to the cryptocurrency market, but there is still uncertainty surrounding Bitcoin's regulatory policies.
Macroeconomic factors: The U.S. inflation rate is expected to drop to 2% in 2024, which may benefit Bitcoin's price. The uncertainty of the global economic situation often increases investors' demand for safe assets like Bitcoin, but changes in the economic situation may also lead to shifts in investors' risk preferences, affecting Bitcoin's price.
Market sentiment factors: Market sentiment is greatly influenced by Bitcoin's price fluctuations, and investors' emotions are also quite evident. On one hand, the significant volatility in Bitcoin's price has led to a heightened cautious attitude among some investors; on the other hand, its price increase has attracted attention from some investors. The CMC Cryptocurrency Fear and Greed Index once reached 83, indicating an extreme greed range, reflecting investors' optimistic expectations for Bitcoin's future performance, but this sentiment can change at any time.
Sharp decline after fluctuations rose: This week, Bitcoin's price experienced significant volatility, dropping by 7% early on Friday before regaining upward momentum, and once again breaking above the $100,000 mark in the early hours of December 20, recovering most of the losses since the sharp decline after hitting a new high, but then experiencing another drop on the 20th.
Some investors are cautious: There have been consecutive large net outflows from Bitcoin spot ETFs, and investors' cautious attitude has significantly increased, but some capital inflows have also been attracted recently.
Factors influencing the trend
Policy and regulatory factors: The International Monetary Fund approved a $1.4 billion extended fund loan to El Salvador but restricted its public sector from participating in Bitcoin-related economic activities and trading and purchasing Bitcoin, which has had a certain impact on Bitcoin. Additionally, changes in the policies and regulations of various governments towards cryptocurrencies directly affect Bitcoin's price, such as a shift in attitude from the U.S. government and regulators, which has brought positive effects to the cryptocurrency market, but there is still uncertainty surrounding Bitcoin's regulatory policies.
Macroeconomic factors: The U.S. inflation rate is expected to drop to 2% in 2024, which may benefit Bitcoin's price. The uncertainty of the global economic situation often increases investors' demand for safe assets like Bitcoin, but changes in the economic situation may also lead to shifts in investors' risk preferences, affecting Bitcoin's price.
Market sentiment factors: Market sentiment is greatly influenced by Bitcoin's price fluctuations, and investors' emotions are also quite evident. On one hand, the significant volatility in Bitcoin's price has led to a heightened cautious attitude among some investors; on the other hand, its price increase has attracted attention from some investors. The CMC Cryptocurrency Fear and Greed Index once reached 83, indicating an extreme greed range, reflecting investors' optimistic expectations for Bitcoin's future performance, but this sentiment can change at any time.
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#BTC走势
A few days ago, I published my views on the subsequent movement of BTC, and it seems I was correct.
After several waves of clearing long contracts, we are currently entering a consolidation phase with an upward trend.
During these two days of the weekend, there may be occasional pullbacks to further clear out the remaining longs.
Tomorrow, Monday, should see a fluctuating upward trend.
If there are too many downward movements during working hours, it actually gives others an opportunity to get in.
Within a week, we should be able to see BTC at 110,000.
The above is purely my personal opinion and does not constitute investment advice.
A few days ago, I published my views on the subsequent movement of BTC, and it seems I was correct.
After several waves of clearing long contracts, we are currently entering a consolidation phase with an upward trend.
During these two days of the weekend, there may be occasional pullbacks to further clear out the remaining longs.
Tomorrow, Monday, should see a fluctuating upward trend.
If there are too many downward movements during working hours, it actually gives others an opportunity to get in.
Within a week, we should be able to see BTC at 110,000.
The above is purely my personal opinion and does not constitute investment advice.
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