When will the adjustment of Bitcoin $BTC end?
Has Bitcoin reached its bottom at 92,000?
At which position can Bitcoin be bottomed out and longed?
Before any panic selling occurs, I believe the major players will continue to bottom out!
This week, Bitcoin will continue to consolidate. As for the bottoming position, we still need to wait patiently; the bottoming position can only be assessed from the weekly chart.
The bottom range of this consolidation is approximately between 88,600 and 89,000. If it reaches this level this week, one can place a 2x long position for a trend trade. After this bottoming is completed, there will be significant upward movement.
As for how much it will stretch, breaking the previous high of 108,000 should be feasible. This bull market's peak at 150,000 is still something to imagine! #币安Alpha公布第9批项目 #MicroStrategy增持BTC