Bitcoin is about to break through the 100,000 mark! Will there be a big drop?
At the beginning of the month, the market was still pessimistic, with many believing that November would not have a good market, clearing positions and reducing holdings, leading to missed opportunities.
Today, November 21, Bitcoin has reached around $97,000, just a step away from the 100,000 mark.
Since Bitcoin broke through 70,000 on November 5, many have been saying that Bitcoin will correct, dip, or drop significantly, predicting how low it will go.
Just like Bitcoin's fluctuations in the previous 8 months, there is a mix of anticipation for a big drop, wanting to re-enter, and fear of a big drop, thinking the bull market is over and altcoins are not rising.
At the same time, there are all sorts of fantasies; in short, there is everything except substantial analysis and basis.
These are all human emotions, overly greedy, fearful, anxious, and pessimistic. Emotions only hinder trading, providing no benefit.
For me, it’s more about objective analysis. In our internal group, there are two market analyses every week, tracking the overall direction on a weekly basis and short-term daily trends in real-time. There will still be analyses for the upcoming market.
For the market, it’s not only about having a big-picture view and understanding trends, but also being able to track in real-time when to stop the drop, when to start, when to correct, and when to peak.
Solving these practical problems, rather than talking grandly without a way to act.
Having details amidst the roughness will ensure that ideals are not just empty talk.
The key point is:
Friends who are out of the market, don’t run around like headless flies in this bull market! Comment with 111, and join me in planning for this bull market, or click on the main page to follow, check the introduction, find me, and get ahead of others. The risk will be smaller, and the profit will be greater.
