It is said that this year's market is difficult, but where is the difficulty? Most people have a general concept that a certain pattern in the bull market = roller coaster. Every time it reaches around 70,000, it is accompanied by a wave of lower and lower lows!
Along with the plunge on August 5, Bitcoin magically pulled out a daily K-line with a length of 14.8%. The last time the K-line of this increase was on February 28, 2021. Apart from this, in the 4-year cycle, there was no other daily K-line longer than these two K-lines. Does this indicate that the future will be different?
Combining the timeline and some important events, I began to think about a possibility! Bitcoin will rise to 83,000 before October. The process is as follows:
1. A large number of sell orders appeared near 68,000-70,000, and everyone sold their Bitcoin! The reason is that the short-selling thinking has been cultivated 5 times! (Believe me, I have developed this habit! I have to develop this habit!) Most people in the market think that the price is blocked at around 70,000, and it is likely to go down, because we have already experienced 5 rounds. I don’t want to ride the roller coaster again. It is a good choice to make a wave and buy it back when it falls. It is the choice of many people!
2. After the US stock market closed around August 28, accompanied by Nvidia’s brilliant financial report, Bitcoin instantly broke through 74,000 and reached ATH, and there was no sign of stopping. On the 28th, 29th and 30th, it rose steadily step by step, and the price of the currency rose from 74,000 to 760,000, and from 76,000 to 780,000. At this time, the market has entered an extreme FOMO situation, and everyone began to shout 100,000, 150,000, and even 200,000! After the K-line took a short break in mid-September, the interest rate was cut and it directly hit 80,000, without stopping at all.
3. On September 20, after Bitcoin reached 83,000, the market was already beating drums and gongs, and people began to shout that Zhao Changpeng would come out soon. This was the last opportunity to enter the bull market. Then $ETH led the cottage to go completely crazy, and the plunge came quietly, but the new entrants shouted for a normal callback until Bitcoin returned to 27,000 in December.
Finally, in November 2025, CCTV Finance reported that Bitcoin ETF had a net inflow of 500 million US dollars today, and Bitcoin rose to break through 150,000 US dollars.
This story is purely fictional, everyone just read it for fun🙃
