$BTC 10.18 Bitcoin Market Analysis
Currently, the price of Bitcoin is consolidating above $67,000 and has been sideways for a day and a half. Previously, it was recommended to enter the market near $66,000, but the correction last night did not reach the expected target. The current market is expected to be in the fourth wave of consolidation. After the consolidation, it may continue to rise. There may be a plunge adjustment afterwards. If there is an adjustment, it is still an opportunity to do more on the pullback.
In addition, it is recommended that 70%-80% of the capital allocation be focused on Bitcoin, and small currencies can be participated in. Many times, it is after the big cake has gone through a stage of market fluctuations that funds are diverted to other currencies. It is possible that this time is similar.
Continue to hold long orders, and continue to increase positions and do more on every pullback to 66,000.
