The market is expected to fluctuate upward, and Bitcoin remains strong. After touching the high of 69,000 in the early morning, it fell back and entered the consolidation stage.


Today is Saturday, and usually the volatility is not too big unless there is news. Excluding this factor, the volatility of BTC on the weekend is expected to be between 69,000 and 67,000. The operation should be prudent, after all, there is generally no large capital entering the market on weekends.


Bitcoin broke a new high again last night. Did your account assets increase? Bitcoin has already risen last night. It is the weekend, so the market is expected to start sideways at a high level and make a small correction. When there is no market, take a good rest!


I mentioned that the price of Bitcoin has been rising from 6w6, 6w7, 6w8, 6w9, and the pattern of rising one step every day is still continuing. This shows that the bullish sentiment of the entire market is extremely high, and everyone's psychological expectations are getting higher and higher. Many people are optimistic that this wave of market will rush to 7w in one go, and then decide whether to ship or reduce positions.


As of the current market price, the big cake is around 68400, and the second cake is around 2640, which is in the stage of falling back after rising.


The intraday market will continue to fluctuate upward. In the current market, the higher the Bitcoin price goes, the greater the pressure will be. However, it is testing the pressure range step by step. It touched 69,000 last night, and the next big pressure test will be 70,000. I firmly believe that Bitcoin will definitely break through the new high.


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The most direct driving force behind this wave of growth is the continued surge in Trump's chances of winning.


The winning rate was widened again, with the winning rate reaching 61:39. In addition, Musk's full support for Trump made Harris's side extremely passive. According to foreign media statistics, the number of viewers of Harris's rally was 120,000, while the number of viewers of Trump and Musk's rally exceeded 6.6 million, a difference of 50 times. Moreover, the photo of Musk wearing a golden maga hat also became a hot search in the United States. From the current perception, if there is no black box operation in the vote counting, Trump has a 70% to 80% chance of winning, not to mention a sure win.


Therefore, at this time, all the funds that are still waiting to see the uncertainty of the election should have begun to enter the market anxiously. This may be the main reason why BlackRock earned $1 billion in three days. The benefits to Bitcoin have not even been fully reflected in the price. Starting from November 5, the speed of capital entering the market may be even faster. I have a hunch that Bitcoin will hit $100,000 before the end of the year.


Future Outlook: Get rid of the fear of heights, the market is coming strong


Nowadays, many friends have seen Bitcoin rise from 59,000 to 69,000, and they have begun to feel a little "acrophobic", thinking that the price seems to have risen too much. Here, I would like to solemnly remind everyone to abandon this acrophobic idea! If you choose to exit at this moment, you will definitely regret it in the future.


The biggest enemy in a bull market is not the market, but the fear of heights


In a bull market, the biggest mistake retail investors often make is not chasing the rise, but being afraid of heights. They always think that "this time it will definitely fall", so they fail to hold on to their chips when they should. What's worse is that some people try to short at high levels, but end up getting themselves confused and losing their principal after tossing back and forth.