The trend direction of Bitcoin's 5-day cycle is crucial, directly affecting the trend direction of 2-3 weeks. At present, the trend of Bitcoin's 5-day line has formed a starting trend.
Just like the shape in mid-October last year (see the picture), after the 5-day line was selected above the MACD zero axis last year, Bitcoin broke through 30,000 and reached a historical high of 73,000. Now Bitcoin is selected above the MACD zero axis again. Bitcoin stands at 60,000 and starts the second half of the bull market.
Then his target high point must also break through the new high and challenge 100,000 US dollars. Let's wait and see. There is not much time left for institutions to wash the market, and there is not much time for retail investors to increase their positions. Missing the second half of the market means missing the opportunity to realize wealth. . . .
