Bitcoin $BTC breaks historical high again, a bullish engulfing pattern, close to $110,000!

So yesterday's sharp drop was a trap for shorts, but it made altcoins suffer significantly!

It was previously mentioned: Starting from December 5th, Bitcoin broke the $100,000 barrier, within a month and a half there were four significant drops of ten thousand points, the market washout was very challenging but also patient and thorough, especially washing out altcoins to the point of desperation!

Now that Bitcoin has reached a new high, as mentioned in the previous article: 20号特朗普就职就会大涨吗?比特币会在2月突破12万美元吗?, it is highly likely to happen earlier, possibly hitting $120,000 by the end of January!

At 1 AM today, Trump's inauguration ceremony begins, and the market is rising, possibly in positive anticipation of Trump's speech, policy signing, etc. Trump sent out $TRUMP , treating the crypto space like a freebie, he has to verbally support the funding, otherwise, thinking of getting freebies in the future would be awkward!

Next, the bull market continues. After a month and a half of painful washout, most altcoins are at very low positions, and it's possible to choose various leading concept coins to buy! Right now!

Currently, it may be the last opportunity to get in, and the subsequent rise will happen in an instant, absolutely without giving retail investors time to react, this is a consistent tactic of the big players.

Previously, many coins were recommended: 有哪些山寨币会暴涨, here are two key concepts to buy:

1. Long-tested mainstream coins, coins issued in 2020 or earlier (at least gone through one round of bull and bear market testing) such as: LINK, XRP, BCH, LTC, ATOM, DOGE, ALGO, AVAX, AAVE, ZEC, etc., suitable for A6 and above coin friends;

2. American concepts, riding on Trump's ambition to make America the cryptocurrency capital: FIL, APE, SOL, MANA, LPT, SUI, BAT, OP, etc.;

In addition, do not touch low-cap trash altcoins, this bull market will not rise uniformly, choosing quality coins is very important! Otherwise, you will be holding trash coins and miss the entire bull market!

Today is January 20, 2025, a significant upcoming financial event: Trump takes office as President of the United States! The fourth round of halving bull market will enter the fast lane!

#比特币破历史新高