#btc starts oscillating around 72000 as the central axis: the higher it rises, the more it will fall, and the entry point below is Y=72000*2-X, where X represents the high point!
We use this central axis thinking
1: Thus we can conclude that the support level below is approximately 72000*2-73620=70380! Everyone should pay attention to this point; a temporary support will form nearby!
2: And using the reverse to find out what the high point is!
What is the principle?
For example
For instance, suddenly dropping to around 69000! This is the low point X
Since X is determined to be 69000, we can conclude the high point Y=72000*2-69000=75000
So
1 is because there is a previous high point to determine where the support level is
2 is to assume a future low point to determine where the corresponding future high point is!
And the key range of 65000-67100 corresponds to the high point of 72000, which is around 77000-79000! This will also be the ultimate high point for this wave; everyone should wait and see!
Below is the content from October 30th
The red text on October 29th is yesterday's content. Everyone should look back now and there may be new insights.
And the generation of this short squeeze effect, everyone is worried, but it actually proves the correctness of the judgment, that is, a surge will cause a short squeeze, trapping people!
This means we can clearly conclude that this is a sign of the arrival of the top!
Everyone pay attention to my wording: it is a sign of the arrival!
There will be a series of signs later
Let me give a few examples
1: High-level oscillation, everyone will find that Bitcoin basically does not drop
2: A certain mainstream starts to explode, meaning that they need to start protecting each other while unloading
3: A leading stock starts to explode
After all this started
Bitcoin will create a gap in time and space!
People will find that Bitcoin keeps rising, but its essence is not able to rise
For example
It took 10 days for 72000 to rise to 75000
It took 10 days for 75000 to rise to 77000
It took another 10 days for 77000 to rise to 78000
With the same amount of time, or even longer, the relative increase is no longer sufficient
Initially rising 10%, then 5%, then 3%, even 1%
This is the initial short squeeze phase
The final peak is that the longer the time, the lower the increase, but it indeed keeps rising, giving everyone an illusion, and then at some moment, it suddenly crashes, trapping at the high point
And the levels have already been provided to everyone: 75000-85000 (don't think the range is too large, it is actually only 10%, this is the illusion of numbers) Everyone should wait and see if it will follow this rhythm!
And this process is most likely to continue before December 31st of this quarter, possibly lasting until the end of March 2025, which is two quarters!
And all judgments have proven the correctness of the quarterly trend!
Let me show you a previous analysis
At that time, in March, after the first wave peaked at 73777
The analysis given at that time was that it peaked, and then retreated to 46000-58000, and I urged everyone to invest heavily! It will rise again to 70-90k, and after experiencing it once, it still keeps urging to bottom out at 46000-58000. The target is very clear: 70-90k!
The core group checks 46000-58000 basically reminds everyone of this matter every week and at every time period!