The current volatility of Bitcoin is actually testing the market sentiment, which side the leeks will fall to. Through big data, once they know how to harvest to maximize profits, they will immediately start harvesting! What you think is a sideways fluctuation is actually a big move by the dealer!
Many people have seen the price of Bitcoin at $100,000! I don’t know where the courage comes from. I can only say that if it really reaches $100,000, the market is really crazy, and mindless shorting will definitely make a lot of money!
If the price of Bitcoin at $100,000 can stabilize the currency price, have you ever thought about how much new funds are needed? That is, the net funds of inflow minus outflow, which requires trillions of dollars! May I ask if there is a net inflow of $100 billion in the past six months? The data shows that there is no such amount of funds, which means that the current price of Bitcoin is just like the housing price in the mainland. The price is high enough, but no one takes it. Almost all those who buy houses have become real house slaves! The housing prices in the mainland are backed by the state, but Bitcoin is not, so every time the bull market ends and the bear market comes, Bitcoin falls like a waterfall!
This bull market may push the price of Bitcoin to 100,000 or even 150,000 US dollars. This is Bitcoin in the boom period, which has deviated from the real market value. So at a certain point in time, it will inevitably return to a reasonable range. This is the so-called trend. The probability of making money in such transactions will be greatly increased!
In the past few days, the price of Bitcoin has fluctuated around 91,000. I believe that there will be a change signal in a few days. Going short at highs has a sufficient profit and loss ratio. If the position is well managed, it is worth entering the market. Don't miss the rare opportunity in a few months. It is not at any time that you can make more than 50,000 points in Bitcoin trading! You didn't catch the rise, and you didn't catch the fall? !