#BTC Bitcoin According to what I said yesterday, if we hold 62,000, we will most likely stand on the pressure level of more than 64,000. Currently, Bitcoin is 64,300, which is basically achieved. According to the current structure, Bitcoin will have the opportunity to continue to hit the pressure level of 67,000 under the 64,000 shock. In fact, from a structural point of view, I have always felt that Bitcoin will fall back to 60,000 and then start again. The shape will be more perfect, and it will be easier to scare long positions, and the subsequent steps will be lighter. After the non-agricultural data, Bitcoin has not turned back sharply, and the bulls are very strong. I hope that it will not suddenly turn back to 60,000 at a high level, otherwise more people will be heartbroken. But as I have been emphasizing, no matter how it goes, the bull is always there, and the spot can rest assured to watch the performance of the dealer. Someone may ask me: Why do you insist that the bull is not over? Apart from the structure of Bitcoin, we can imagine from common sense. First, the main chips are mostly concentrated between 40,000 and 50,000. If he wants to sell, he needs to sell at a higher position. At the current high of 73,000, the profit is only a few tens of percent at most, and there is no huge volume during the decline. How can you make hundreds of millions of dollars and run away after investing billions? What is the cost-effectiveness? Second, the global economy is not prosperous. At this time, Bitcoin, as an investment carrier, will attract more funds because it does not need to have an entity. It is the simplest and most cost-effective way to invest. The same is true for the bull market in 21 years. Third, the halving, interest rate cuts and other positive factors have not been realized, but the negative factors are basically exhausted. In fact, there are many reasons, and I will only talk about this here.
Summary: Pay attention to the pressure level of 64,000-65,000. If it stands firm, there is a chance to hit 67,000. If there is a callback, pay attention to 62,000. It doesn’t matter if it doesn’t fall below. If it falls below, it may return to around 60,000 again.
Statement: This goose only plays spot, and all analysis is based on spot.