Don't rush to bottom fish $BTC ! This is not blocking your wealth, it's sincere advice!
Don't rush headlong into the Bitcoin market to bottom fish!
This is not me deliberately blocking your way to wealth, but a sincere suggestion.
Look at the recent surge of Bitcoin, it's simply like riding a rocket. Even Trump has come out to say that he wants to include Bitcoin as part of the national strategic reserves. The implications behind this, you need to ponder carefully.
I believe this is very likely a tactic of large institutions, or even certain countries quietly entering the market to speculate. Trump is a businessman, and we have all seen his methods of inflating prices and selling high. Now he wants to repeat his old tricks to create public opinion, enticing retail investors or opponents to take the bait at high levels.
Some people say that Bitcoin can help the United States resolve its debt, I was also confused at first. But upon careful consideration, the U.S. national debt is already 35 trillion, while the crypto market capitalization is only 3 trillion, that’s just a drop in the bucket! Those apparent benefits are all hype, meant to serve as catalysts to keep pushing prices up.
From a technical perspective, the long-term trend of Bitcoin on the weekly chart is still upward, but on the daily chart, there has been a significant outflow of funds for two consecutive days. Yesterday's surge was simply a bait to encourage more buying, leaving many eager entrants trapped. Now there is strong resistance around 94,000 and strong support around 85,000. If this support is effectively broken, the trend could truly reverse.
Now that the international situation is so complex, the trade war and financial war between the United States and our country are heating up. If Bitcoin becomes dominated by the United States, our country will definitely not be happy. Therefore, it’s best for us retail investors to avoid getting involved in this underlying game. Wait for opportunities steadily, don’t become the prey of those institutions and manipulators.
Recently, I plan to lay low on a potential coin that is ready to explode, doubling my investment should be quite simple, and I also plan to find some potential coins to hold until the end of the year, expecting a space of more than 10 times is not a problem, but the quota is limited! If you want to follow along, like + leave a message.