Bull markets often have sharp declines; this dip is just to jump higher📈
I saw many people liquidating their positions yesterday, calling it profit locking. Personally, I did not run away but selectively added some positions. I believe that as long as Bitcoin does not substantially drop below the recent low of 90,000, there is no need to panic; these are just technical corrections.
In fact, bull markets often experience sharp declines, just look back: In 2017, there were multiple retracements, with Bitcoin's maximum retracement being 40%; In 2020, there were multiple retracements, with Bitcoin's maximum retracement being 30%; If you don't clear the leverage, how can you drive the market? Therefore, my bullish outlook remains unchanged; we should at least aim for 150,000, right? Right now, we just need a catalyst to stand above the 100,000 range!
Deep down, I hope Bitcoin reaches 200,000 next year, but it's difficult unless Trump quickly fulfills his promise to include Bitcoin in the national reserves and buy it in large quantities!
The above is today's psychological massage, rise rise rise📈 $BTC
$ME
#微软比特币投资投票案 #市场回调抄底还是观望?
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