Bitcoin 4-hour level, two downward top fractals have appeared, this time is a strong bottom fractal, indicating that there is a high possibility of a significant rise ahead. The overall US stock market is declining, consolidating and rebounding, or still falling. After Bitcoin drops, if it rebounds higher, it could either be a contract explosion or it is genuinely about to start.

It doesn't matter if you don't understand the chart below, just know that from a technical analysis perspective, it is about to start. There are two prerequisites: tomorrow Bitcoin must not retract to around 93000, and in the recent period, it must stabilize above 95800. If this cannot be achieved, it will fail. The ideal scenario is for it to directly stabilize at 96000 tomorrow and reach 99000 the day after.

It's easy for capital to pull the market up by 10,000 to 20,000 points in 10 days for Bitcoin as long as it wants to harvest, it needs to pull the market to let more people get on board.

Hope it goes as expected, then altcoins will also take off again. January is the harvest season, and everyone’s assets can double together.

At the same time, there are also risks, which is that in extreme situations Bitcoin could fall below 90000. Risks and opportunities coexist; don’t let excitement make you ignore the downside risks. When Bitcoin drops, the history of altcoins bleeding profusely is vivid. Don’t forget the pain after healing the scars!