As the weekend comes to an end, we are about to usher in a new week, and the Bitcoin ($BTC ) market seems to be brewing some changes. Although I have been bearish recently, I must admit that from a weekly perspective, I am still optimistic about the long-term trend of BTC. This is not a whim, but my judgment on the long-term trend of the market. I firmly believe that BTC has the potential to reach the milestone of $80,000.
However, the market may fluctuate in the short term. It is expected that BTC may experience a round of decline at the beginning of next week, but this decline may only be temporary. After a brief adjustment, the market is expected to rise again. Although the price of $69,000 does not seem to have reached the expected height of the market, I believe that whether it is currently in a bull market or not, BTC has the ability to at least climb to around $80,000. Of course, all this takes time to verify, and the market trend is always full of uncertainty.
At the daily level, I maintain a bearish stance and expect BTC to pull back to around $64,000. Such a prediction is not unfounded, but is based on the current market sentiment and technical indicators. However, we must recognize that the cryptocurrency market is a complex and challenging field, and any prediction is subject to uncertainty.
In this game, it is crucial to maintain a cautious and flexible strategy. Investors should pay close attention to market dynamics, adjust their investment strategies in a timely manner, and do a good job of risk management. Remember, every fluctuation in the market is an opportunity to learn and grow, and the ultimate success often belongs to those who can adapt to market changes.
