BTC trend forecast: next week it will fall below 60,000. $BTC
This is a subjective forecast, not an objective analysis. Just watch it for fun.

The following views are for reference only and do not constitute investment advice. They only emphasize the avoidance of risks.

The 12-hour level double-line negative line, with a long upper shadow, the short side has a slight advantage, and the probability of a callback cycle increases by 70%. Again, the so-called main force cannot affect a trillion-dollar plate. Unless he is willing to spend a lot of money, he is not that stupid. At present, the expected high point has moved down from 75,000 to 73,000. The best case is to rush to 7.3, and there is a 75% probability that it will not exceed 7,000.

It's going up soon. I haven't filled my short position yet. Think about it. It's going up to 73,000. Don't lower my expectations.

Next steps

The recovery force at 67000 is not strong, don’t go long or short! ! ! $BTC

The upper and lower shadows are too long at the 4-hour level, indicating that the long and short divergences are serious. If the price closes in the negative direction, it means that the short side has the upper hand. Whether the long side can turn defeat into victory depends on the 12-hour level, that is, whether the price can close in the positive direction at 8 o'clock tonight.

I would like to remind the bulls of the risk that the market may fall at any time, and it is expected to fall from Thursday to Saturday, with a range of about 2,500 points.

Brother, please increase the price faster. I need to add to my short position. Slow increase is not good for my health. $BTC

I wonder if this wave of BTC's rise is caused by the influx of safe-haven funds.

All the dealer's shipments have been taken over, and the peak may have come. Prepare to go short.

Many people always think that the main force in BTC trading is the key to controlling the trend. In fact, it is not the case. The leeks are the key to controlling the trend of BTC. For a pool with a large capacity, a certain person, or a certain institution, cannot complete the ① wave of large-scale pull-ups. Just like from 8 pm to 2 am last night, the transaction volume was almost 250 million. Assuming that the main force exists, his role is at most to push from 655 to 660, and the latter is more of some people who missed the opportunity to conduct emotional trading to chase the big pull-ups. At this time, it is extremely inappropriate to be greedy when others are greedy and to be greedy when others are afraid. Specifically, it will go short during the pull-up and go long during the accelerated decline. This trading strategy violates the trend trading of Dow Theory and the idea of ​​daring to chase highs during the rising period of the emotional cycle theory. At this time, I must be more greedy when others are greedy and more afraid when others are afraid.

I currently have a short order at 669 and I’m reluctant to close it.

The new weekly channel has begun to enter an upward cycle, and we expect the slope of the channel to gradually increase. It is expected that Bitcoin can at least double the low point, which is 84,000. This is a conservative estimate.

If the volume is still this high, then it may be the rising cycle.

When the hourly trading volume returns to 90 million, that's when emotions subside and you can sleep peacefully.

How to seize food in the market of violent traders! ! ! !
This method is used for violent market crashes. Forget it, I will talk about it tomorrow. I will finish this wave first. Brothers, once the one-hour trading volume returns to the level before the outbreak, this wave of emotional confrontation caused by irrationality will be over.

Fucking Heaven and Earth Needle

There could be a small waterfall or an accelerated fall at any time between 8 and 12 tonight.

Will $BTC break 70,000 in October? I don’t think so.