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Market update: QT is still strong, and the big bull market has not yet arrived.

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Bitcoin is currently testing the weekly high, and the downward trend is nearing its end. However, there is huge pressure near 68,500, and the probability of a pullback is high. You can consider shorting here, with a target of around 66,000, and a limit of around 64,000.

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The New York Fed released news after rebounding in the early trading, indicating that the market liquidity is sufficient, the reserves are sufficient, and QE will not be carried out for the time being. The market continues to support quantitative tightening.

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The US national debt crisis continues, and gold is becoming a safe-haven asset. In the next bull market, is Bitcoin expected to become a high-quality safe-haven asset?

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Daily level: A new round of rising trend has begun, but 68,500 is a strong resistance. Shorting can be considered in the short term, and the bottom support is between 66,000-64,000.

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4-hour level: The upward trend is corrected to shock, and the support level is around 67000-66600. You can consider long orders.#BitcoinAnalysis#BTC#Crypto Market#Cryptocurrency#Bull Market#Goldand Bitcoin#MarketTrends#BitcoinResistance#HODL#Investment Strategy

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The most difficult time has passed, and now is the time to harvest or re-cultivate. I hope everyone can seize the opportunity!

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