Keep your mind calm

This is my current view on the Bitcoin market

In the first chart, the candlestick has been drawn, and the subsequent script will be like this. If we are to push the price to 100,000, then there would not have been a tentative breakthrough of the new high last night. Just short at the 93,500 range and that's it.

Looking back at the last bull market, Bitcoin's price reached 65,000 before undergoing a deep correction of 30,000 points, maintaining this for three months before it exploded and set a new historical high of 69,000. Therefore, I believe that a significant correction is not entirely impossible.

Of course, there is another outcome. Suppose the peak of this Bitcoin bull market is at 150,000, then the correction might occur in the range of 120,000 to 140,000. However, I still favor the former.

To validate the former script, this time I will use my own real trading to look for a correction of 10,000 points from an opening price of 93,000. After saying so much, the general idea is that I will increase my position during this week's rebound. The bears will never be enslaved; we just go for it.