$BTC Bitcoin Technical Analysis:

1. The market has already shown a small-scale upward push according to the previous predictions made by Lao Te;

2. Staying above 97400-98400 is considered strong; if this is the first wave, the next increase will be even more violent than this one;

3. Lao Te personally believes that Bitcoin does not need a violent surge; a violent surge is really too violent, making altcoins afraid to rise. It only needs to move up slowly in small steps, giving altcoins an opportunity to distribute;

4. Those saying it has peaked can go and check the market; see what kind of patterns and structures altcoins have. Lao Te does not believe that the market makers can complete the distribution in such a pattern!

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