It's the end of October, and the bulls are still strong, continuing to be bullish!
Once the data is released, we need to be prepared.
The PCE will be announced at 8:30 PM tonight, and the non-farm payroll data will be announced at 8:30 PM tomorrow night.
If there are no major negative surprises in the non-farm data over the next two days, Bitcoin may consolidate and then aim for 74,000.
What will happen if the main upward wave comes next?
Based on historical cycles, the market tends to hesitate and rise before elections, and this round is expected to reach between 75,000 and 80,000 before the elections.
After the elections, a piece of good news might trigger a surge, likely pushing it to 100,000, and then news about BTC breaking 100,000 will be everywhere, followed by a slight adjustment back to a consolidation range of 80,000 to 90,000. After that, altcoins will have some hotspots, with an average rise of about 2 to 3 times from the bottom, and some hotspots may exceed 10 times.
Then there will be sector rotation, and many opportunities will arise from the end of the year to the first half of next year. If the script unfolds this way, we won't have to worry about missing opportunities, so don't rush to fear missing out.
If you want to seize this round of the bull market, it definitely won't be enough to learn and act at the same time, it's best to have someone guide you through a quick entry.
I am a detective, welcome to connect!
