70,000 Bitcoin can be expected

First of all, let me make a statement here: the 70,000 Bitcoin written in the title today does not mean that it will arrive in one day, but this upward trend. The specific day is uncertain, but it will not be too far away. At the same time, it is not recommended to chase it directly and enter the market after a retracement.

The world is watching the Fed's interest rate cut, which landed in the early morning of today, with a 50-point reduction. Some people say this is good news, while others say it is bad news. Everyone has their own opinions. The real answer can be reflected in the K-line structure.

The current situation is as follows:

BTC: The four-hour cycle has experienced a breakthrough-adjustment-confirmation of the breakthrough, which can be clearly established as a medium- and long-term upward trend. This is the third small wave of the 5 waves of the monthly line. This wave will soon reach 70,000.

BTC is the leader. Only when it rises first, the market will have confidence, so this is also the reason why Bitcoin is stronger than other varieties.

ETH: This is affected by the exchange rate. Its recent performance is obviously weaker than Bitcoin, but it is precisely because it is in the position of the second leader that it has a certain degree of elasticity. It is both stable and elastic, and the fluctuation space is much larger than Bitcoin.

Although the exchange rate hit a new low this month, it is likely to go V-shaped this month.

Ethereum is currently above the four-hour lifeline of 2345, but don't chase it. Enter the market after confirming the retracement. #BTC☀ #ETH🔥🔥🔥🔥 #BTC走势分析