Last night, Bitcoin continued to surge and reached 68k. From (the monster of Corsica landed in Juan Port) to (His Majesty the Emperor will arrive in his faithful Paris today), perhaps just one week of long positive lines is enough. There is no stubborn bearish idea that cannot be changed. If there is, then just pull another long positive line.

In this cycle, it took two months to increase from 26,000 U.S. dollars to 45,000 U.S. dollars, an increase of 73%; it took one and a half months to increase from 42,000 U.S. dollars to 73,000 U.S. dollars, an increase of 73%; this round of bull market was sideways for a long time, and the rise was almost within one or two months.

Bitcoin is soaring so fast that I feel dizzy. When people face a surge, they will experience a "freezing" effect and be unable to act for a while. So you should add in advance, add when the price drops, and keep adding. If you get on the bus in advance, you won't be afraid of the bus accelerating suddenly. Even in the face of a downward channel that hit a new high at the beginning of the year and then continued to fluctuate, you can still control the average cost of adding positions to less than $60,000 (see the figure below). So as long as you dare to pull, I dare to make a profit.

Please note that this is a weekly chart. The fundamental weekly K-line in the yellow circle, which opened on October 14, has a good chance of becoming a decisive upward breakthrough of the downward channel built since the beginning of this year. At present, we may be on the eve of the launch of this round of fast bull cycle. It's just a matter of time.

BTC may be close to opening a new incredible growth, and the major turning point of growth is just around the corner. I would like to call it a "big breakthrough". In 2024 of this cycle, BTC will perform a one-man show. Many leading copycats and so-called value coins that were highly expected have performed poorly relative to BTC, making bettors regret their decision. These atmospheres seem to imply the return of market value to BTC and the approaching moment of "big breakthrough".

When the “big breakthrough” comes, BTC may repeat its early surge. There are always people who deceive investors by saying, “You missed BTC’s 10,000-fold increase in the early years, so are you going to miss out on something else (such and such altcoin)?” This is a complete lie and deception.

Facts speak louder than words. The ironclad fact that altcoins have failed one after another has proved that perhaps only BTC itself can replicate BTC’s past success. In fact, according to the “big breakthrough” theory, if you missed BTC’s 10,000-fold increase in the early years, there may be another opportunity for BTC to increase 10,000-fold in the future.

Finally, let’s talk about the latest news: The deadline for the SEC to appeal against XRP is 11:59 p.m. on Friday, October 18. If there is no appeal, Ripple may take off. Pay attention to the news tomorrow!

#美国大选如何影响加密产业？ #BNB涨至600 #BTC要挑战7W大关了吗？ #特朗普家族加密项目 #特斯拉转移比特币