$BTC Today's Thoughts. Saving the Retail Investors!
The strategy for Bitcoin on the 26th was to rise from 67200 to 71587; I enjoyed this wave.
As for this surge, it finally hit 70,000, preparing for a new starting point,
The next target is around 750,
However, now, after the sharp rise, there will inevitably be a struggle with a pullback, facing some selling pressure. Of course, the sentiment is good right now, so the selling pressure won't be too great. On the contrary, after some observation, more people will enter the market to push the prices up.
So our target can directly look at the range of 70220~70400 to go long. Unless there’s a major negative news, it generally won’t easily break below the 70,000 integer support.
I have been bullish this month and have been saying that in November, BTC is expected to reach 80,000.
But to get there, it needs certain policy support or significant positive news. 100,000 is not just a number, but also an increase in market capitalization.
Therefore, compared to Bitcoin, in November, I will devote a lot of effort to researching altcoins.
Because altcoins went through a bear market from April to September, and many coins have basically dropped back to last year’s bottom positions.
The increase in Bitcoin's market capitalization is beneficial for the entire crypto market, and of course, some altcoins also have the opportunity to rise rapidly.
As long as altcoins have heat, it’s much easier to rise compared to Bitcoin, isn't it?
Tenfold coins are still common in a bull market.
So today’s thought: Enter around the 70350 range, stop loss at 69000. If it breaks the stop loss, it can switch to short.
For altcoins, observe Floki; there’s no positive news, target 0.155.
Buy Doge on the dip; trust Musk.
For Neiro, only a small position can be taken,
not
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