No matter how BTC fluctuates this month, we should try our best to find opportunities to bullish BTC. I have also posted a picture before. Bitcoin closed up 7.35% in September this year, the best performance in history. Every time Bitcoin closed up in September in history, it could rise until the end of the year!
Therefore, the fall in early November is the time to build a spot position. The green path in the picture is a potential move that will rebound immediately and prepare to break a new high. The red one is that if Wall Street hits the market again tonight, it will be around 65K, and 70% of the spot positions will be established and wait for new highs.
The support near 67800 is very important and cannot be broken. It once lost a few hundred points over the weekend but recovered it.
This is where BTC is more difficult to play than other investment products. When there is a lack of liquidity on weekends, the market can easily experience extreme breakthroughs or fall below certain important supports and resistances, but in the end the fake move is taken back. Anyway, it cannot be near 67800. Wall Street's opening time quickly fell below, otherwise there would be a chance to follow the red line move.
