🔔"See" history again or "see" history again🔥🔥🔥
As BTC breaks through the $72,000 mark at dawn, gradually approaching the $73,000 mark, will we witness history again, or will history quietly bid farewell?
I don’t even know how many times we’ve witnessed history. After more than 7 months, BTC has once again reached the peak of 70,000. We have seen the bear market approaching the flatline, we have seen the difficulties in climbing above 69,000, we have seen waterfalls of 10,000 in one day and 20,000 in another, we have seen BTC/ETH diverging sharply, we have seen... will we reach the peak again this time and witness history?
As the U.S. election approaches, the situation in the Middle East becomes increasingly tense, U.S. stocks collectively rise, the A-shares explode, gold reaches new heights again, and the U.S. lowers interest rates... BTC leads the crypto market into a new "bull market."
Returning to the charts, BTC's daily line shows increased volume touching the upper track, facing strong pressure at the previous high of 73,800. If it breaks through and stabilizes, it could reach the 80,000 mark, depending on real-time conditions. From the weekly K and monthly K, the increased volume shows positivity. From the four-hour structure, it gradually reaches the peak of the box; the one-hour structure shows a shift from bearish to bullish. Volume continues to increase.
When the bull comes, there’s no mention of heights; the top is unseen, but the bottom can be seen. Greed and fear walk together. Personally, I think we should focus on the breakout situation around 7,300; if it breaks through, look at around 73,500. You can set a limit around 72,900-73,500, with a stop loss at 600. Pay attention to the pressure around 2,800, with 2,700 also under pressure; you can set a limit around 2,700, with a stop loss at 40. If it breaks through, look for new highs.
The market is volatile; be cautious of potential crash situations at high points, and pay attention to risk control. Protecting your chips is of utmost importance.
Every step of climbing is a vow towards the peak. Perseverance will eventually lead to a reunion. Witnessing history is not only BTC's history but more importantly, witnessing your own history!
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