Bitcoin has been fluctuating around the price of 94,000 these two days, obviously waiting for the CPI data to be released on Wednesday. It has been fluctuating in the price range of 92,000 to 99,800 for 55 days. The last time it fluctuated in such a price range was from December 2023 to February 2024. It fluctuated for 63 days before breaking through this range and starting a new market. Will this time be the same as last time?

Personally, I think that there may be a false break at the price of 92,000, that is, it seems to have broken, and the price suddenly dropped to 90,000 or even lower, but then it will rise again. If this kind of break and recovery occurs for the first time, the rise will definitely be quite large, at least 3,000 to 5,000 US dollars. At that time, those altcoins will also rise more or less.

So if you see everyone panicking, you can consider buying at the bottom, and you may be able to make a fortune. However, the market changes quickly, so you still have to be cautious when making decisions.