Bitcoin is about to break through 70,000, and the acceleration market is coming. What should retail investors pay attention to?
Bitcoin once again stood on the 120-day moving average two days ago, resuming the bullish trend. This time, it did not choose a false breakthrough trend line, but chose to adjust in a narrow range around 67,000.
As long as it does not fall below the current fluctuation range, the trend is healthy.
The approval of the ETF this week, as well as the Bitcoin Conference and Trump's speech at the weekend, have created the best external environment for Bitcoin to hit 7w. Since the high point on March 14, Bitcoin has been washed for 4 months.
This time, it is finally going to break through the trend line. We are about to usher in the acceleration of this round of bull market, with a target of 10w~13w by the end of the year.
