$BTC is approaching the high point of 71800-72200 in May-June, which is coming back after 5 months.
Here are two main aspects to consider:
1. After $BTC rises near 71800, it quickly falls back to around 68000 and fluctuates for a while. Altcoins will follow downwards, leading to capital flight and lower prices for altcoins, as well as uncertain spot users. BTC will maintain a high wide-range fluctuation, consolidating and gaining strength before continuing its upward surge towards 73000, expected around late November or December.
2. After $BTC peaks at 71800, it will retrace and fluctuate below 70000. Altcoins will start to rise from the meme sector, and after various sectors rotate and rise, funds will exit, starting a fluctuation until unusual movements begin before the election concludes.
Regardless of the above, the outlook for $BTC remains positive, but there will be various fluctuations and contract liquidity in between. What we need to do is to look for opportunities and boldly buy when the chance arises. Personally, I suggest that those who do not understand the market should avoid opening contracts, as opportunities may come and without the capital to seize them, one cannot catch the chance. Just buy spot and hold it securely.
If you make money from contracts, do not get carried away; withdraw a portion to the spot account to buy a certain ratio of spot.
