BTC has reached 69,000 after one night. It is meaningless to speculate on the rise and fall. It is already in a step-by-step upward trend. It depends on whether it can break through the previous high of 77,000 in one go. There is no need to worry about whether to go all in or wait for a pullback before entering. Focus on the following important signals.
First, there is no need to expect a big market fluctuation on the weekend. It still maintains a steady upward step-by-step rise. The daily level hits the top of the previous high. There is a high probability that it will take time here. It will not rush up in one wave. You need to be patient.
Second, from the MA line, the price continues to rise steadily around the 7-hour line, and there is no big gap with the 30-hour line for the time being. The currency price is also rising healthily with small Yin and Yang. This round is expected to hit a new high.
Third, the US stock market has been rising for 6 weeks. The Dow Jones and S&P have also reached new highs, which has a positive impact on the cryptocurrency market. The interest rate cut in November and the US election are both good news for the cryptocurrency market.
The above points must be clear in mind. In the case of an upward trend, don't think about avoiding every callback. As long as the general direction is correct, don't dream of eating from beginning to end. Also, the mentality is very important. Don't be impatient. BTC will not break through 77,000 in one breath, and it is even more impossible to reach the 100,000 mark in one breath. Market opportunities are always there.
The first round of the current market has ended. When will the second round of the rise begin? Click on the homepage to add a follow, spot layout timing, strategy is announced