Last week, the price of Bitcoin soared from 887, like taking stimulants, and finally reached 996, which is only 400 points away from 100,000. According to this trend, it is just around the corner to reach 100,000. Some people always say that it has reached the peak or a big drop. Fenglang once again emphasized his point of view that anyone who doubts the rise of Bitcoin or sings pessimism and bearishness will miss this round of bull market, without exception.

From the market trend:

There are currently two ways to go. The first one is to continue to break highs, rise slowly without retracement. If you want to get on the train, you dare not go up because the position is too high, fearing that you will reach the ceiling. Then there is no way, you can only wait and see; some people want to go short , then get on the train, sorry, if it continues to break the high, you will be taken away by the whole train

The second way is to rise and fall, and then rise again after correction. This is actually more terrifying than the first way. It makes those who chase the longs fall back and wash a wave, and those who chase the shorts rise and wash a wave. Therefore, it is extremely challenging for your judgment and analysis of the trend and your patience

From the outside:

Recently, whether it is MicroStrategy, BlackRock, or some other institutions, market makers, etc., they are increasing their efforts to hold Bitcoin. In addition, Trump’s series of policy guidelines on cryptocurrencies before he entered the White House undoubtedly pushed up the price again. Continue to rise, perhaps, these news sentiments will gradually cool down later, for now, the price is far from over

There is actually not much analysis of the trend. No matter how good the chart is, it is just a decoration after the breakthrough. Of course, this is just Fenglang's point of view, which does not mean it is necessarily correct. Maybe, I am just lucky

Next week, focus on several positions, 971 small-level support, after all, it fell here after two retracements. If it breaks 971 again next week, it is likely to test the support around 956, and the lower limit retracement position is 940. If it is unexpected, the lower support will be broken one after another. It will enter a large-scale correction phase

At the beginning of next week, pay attention to whether it will fall back first or rise first. If it falls back first, then there will be an ambush on the 940 support, just like ten days ago, Fenglang ambushed the 870-860 wave. At that time, some people laughed at me. Now there is no need to fight back with words. The result verifies the view

If it rises first, it will break through the 100 mark. There must be an acceleration phase, probably at 102-103. Of course, the above only represents Fenglang’s view. We will use time to verify who is right and who is wrong. #比特币突破10万？ $BTC