🚨How to view the latest BTC price trend🚨
Since the release of the big positive line, the market has firmly bought and the sharp rise above 68,000 is unexpected. My initial expectation is only to see the 66,000-66,800 area. The deviation from the line is the right time to go long and short. However, Bitcoin OI is relatively high at present, and the US election is approaching. I am very worried about how sensitive the market is to the downward trend of Bitcoin prices.
After BTC experienced a good rebound, the altcoins were weak, but these weaknesses were only compared with Bitcoin. I expect that as the market waits for the results of the election, after Bitcoin breaks through the 70,000 mark, market funds will be more dispersed, and TOTAL3 will be more sensitive to the results of the election (obviously sensitive to Bitcoin)
The recent sideways ups and downs, the market is in an important direction decision period, and both long and short sides have shown good strength, because the election is the time for people to decide the direction, so the long and short sides will try to P v P with each other for the last time before the results come out.
If you are a long-term investor in Bitcoin, please hold on firmly. For long-term bulls, the current market is in an extremely healthy structure.
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