BTC breaks through 71,000 again, will it rise straight up next?

The mainstream prediction is that it will break out again, see the reasons below↓

Last night, BTC successfully broke through the 70,000 US dollar mark, but failed to stand firm, and fell back by more than 1,400 points again. In the short term, it was constrained by the chip point of $69,445. Now it has attacked $71,000 again.

The chip support below is $68,990. If you have experience, you will know. The bull market is not a straight line or a diagonal line that rises straight up. The bull market is divided into three major stages, with countless sprints and wash-out callbacks.

Then the same is true for this major halving.

This halving has a significant impact on the currency circle, and naturally there will be huge turbulence during the process.

1. Driven by market sentiment, the market has a small outbreak!

2. Callback wash, high amplitude shock, heaven and earth needle,

3. Three stabilizes again at a high level!

4. Possible ultimate big callback!

In the face of special market conditions, no matter how many are opportunities for retail investors, we try to seize the opportunity to expand our positions.

Also be alert to risks, reduce the amount of holdings and don't hold all positions!

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