$BTC It's going to be big!!!
Attention!!
Recently, Bitcoin is about to experience huge fluctuations.
Recently, Bitcoin broke through 100,000, then quickly dropped back to 90,000. This is a classic move by the manipulators, first wiping out the shorts and then the longs.
This has resulted in very little movement lately, and with the weekend, the manipulators have certainly gone on vacation after making so much money.
Now we are in a sideways phase; any technical indicators during this time are meaningless, it's pure gambling.
Today is Monday, and the manipulators might have finished their vacation and are ready to take action. Sideways means waiting for retail investors to buy in and hold.
So it’s better to look at the liquidation chart to guess the direction, whether it will go up first and then down or down first and then up.
In my opinion, the probability of a long squeeze is greater. If it breaks below 98,000, it can clear over 200 million, and it's really too easy to dip and then pull back; who knows, a random piece of news might cause it to drop.
Moreover, logically speaking, a drop followed by a rise aligns more with the current market situation, especially since Trump has not taken office yet. Bitcoin needs to build momentum to break through multiple times during this election cycle, which requires significant cleansing.
So in the range of 97,000 to 98,000, it's good to go long, and 93,000 can be a stop-loss point. Look for opportunities to go long without guessing the peak, earning money within your understanding.
Remember to click on the avatar to follow; the bull market changes rapidly, and opportunities can vanish in an instant. So it’s best to have someone guide you.
I am Songbing, welcome to play together.
