Some people say that this round of BTC rise is inexplicable. In summary, it is actually a continuation of the market. Let me talk about several indicators currently observed.
1. Sentiment index 45. (Neutral)
2. Micro Strategy's stock price broke through sharply and forced shorting market released a large amount (with a certain leading indicator)
3. The results of the US election on November 5th, BTC supporters Trump and Musk frequently made trouble, leading in the polls. Recently, it may be mainly following this expectation.
4. BTC's monthly line alternates between Yin and Yang lines. If it closes positive this month, it will end the alternating Yin and Yang trend since March, which can be regarded as the beginning of a small new stage. Referring to gold's shock consolidation for one year and then opening a new round of rise, Bitcoin has been consolidating for almost half a year.
5. BTC's car has begun to be very light. There are many retail investors who have sold at low prices recently. They may never buy it back. The U price has risen from the lowest 6.88 to 6.98.
Basically, the positive expectations have begun to be priced in, but at present, the election may still have a black swan. If it is not as expected, it will inevitably be a shot, so don't chase high.
The average price of BTC with orders is 63,000, which is already profitable. I will continue to get 70,000 and stop profit in batches. $BTC $BNB $SOL #带单挑战1000U翻10倍 #带单实录