Under the circumstances of a major upward trend, even if new highs are reached, how much higher can it go? I'm afraid we might see the initial bear next year. Moreover, the price of a large amount of profit-taking chips is still below 30k, which means that the main forces have already made a substantial profit. #加密货币急跌 #下一BTC历史新高是多少？

The short-term main force or speculators have sold off, when can we start buying again? This is aiming for the rhythm of 67K! #美国大选后行情预测 #市场关注美国非农数据 #加密货币急跌 #下一BTC历史新高是多少？

Whoever wins Pennsylvania wins the world. Musk's lottery in Pennsylvania won't work, and Trump is already trailing by 380,000 votes there. The chance of a turnaround is extremely slim. If Trump loses, it would be the biggest black swan for the market, handing the dealers a super-sized knife.

As BTC approaches new highs once again, the entire market is cooling down like this. It seems like the whole industry is now only thinking about one thing: to quickly sell as much as possible while U.S. stocks are buying BTC in large quantities to push the price up. Is it possible that after this new high, it won't rise much more and could become a significant top? Or, taking advantage of the opportunity of this new high being within reach, are the market makers already starting to sell off in large quantities? #市场关注美国非农数据 #加密货币急跌 #下一BTC历史新高是多少？

Key on-chain pricing levels to construct a framework for thinking about Bitcoin market cycles. Consider the following framework.

Red line: Active realized price
Purple line: Realized price
Green line: Historical high

Deep bear: Price below realized price.
Early bull market: Price fluctuates between realized price and active realized price.
Euphoric bull market: Price fluctuates between active realized price and historical high.
Frenzied bull market: Price exceeds the historical high of the previous cycle.

Currently, the price is attempting to transition from the euphoric bull market phase to the frenzied bull market phase. The historical high of $69,000 in 2021 was briefly surpassed in March 2024, but heavy profit-taking at that time forced the market to experience a period of cooling investor enthusiasm. #下一BTC历史新高是多少？ #美国大选后行情预测 #BTC挑战历史最高价

From on-chain data, the current market turnover mainly involves short-term profit-taking investors, and there are no signs of large-scale exits from early investors. This indicates that some short-term holders feel that the BTC price has risen too high, leading to a fear of heights, and are taking profits and exiting. If BTC consolidates around $72,000 before making another push higher, it will actually benefit its challenge of the $80,000-$90,000 high points.

Additionally, it is worth noting that MicroStrategy has officially announced plans to raise $42 billion over the next three years to purchase more BTC. Undoubtedly, this is a long-term positive for the crypto industry. In this quarter, MicroStrategy purchased an additional 25,889 BTC at an average price of $60,839 each. #美国大选后行情预测 #下一BTC历史新高是多少？ #比特币白皮书16周年

BTC is approaching a record high, but retail investors are not interested? !

Despite BTC's recent rise, according to Google Trends, the current search interest score for "BTC" is only 23 (out of 100), far lower than the peak at the end of May 2021. According to Sensor Tower data, Coinbase is currently ranked 308th. However, it is worth noting that Coinbase rose 167 places between October 28 and 29, which may indicate that BTC's price increase is regaining the attention of retail investors.

This also shows that the current participation of retail investors in the market is not high. Once retail investors begin to enter the market on a large scale, BTC prices may rise further. #下一BTC历史新高是多少？ #市场关注美国非农数据 #比特币白皮书16周年

$btc, 1-hour trend forecast.

High-level fluctuations, not selling off, feel free to go long, won't die. #下一BTC历史新高是多少？ #市场关注美国非农数据 #BinanceBlockchainWeek

【Total Market Capitalization of the Crypto Market】This data has now reached the most critical resonance pressure zone, which includes the pressure from the strongest descending trend line and the horizontal pressure zone validated by historical data.

Once effectively broken upward, it will open the floodgates for a hundred flowers to bloom!#下一BTC历史新高是多少？ #比特币布林带收窄至低水平 #狗狗币创数月新高

Some friends asked, will there be a big correction after the US election?

Judging from the trend after the previous US election, the three months after the election are generally favorable to the risk market, and it is highly unlikely that the market will plummet as soon as the results come out. In the past 60 years, the risk market has continued to rise after the election. Therefore, we can look forward to whether BTC can hit the high point of 90,000-100,000 US dollars by the end of the year. #下一BTC历史新高是多少？ #狗狗币创数月新高 #比特币布林带收窄至低水平

This year, the number of active addresses and usage rates in cryptocurrency have reached an all-time high. Additionally, as of September, approximately 617 million people worldwide hold cryptocurrencies, with 60 million active users each month. This year, the number of mobile wallet users is also the highest ever, with users from the United States accounting for 12% of the global total.
Overall, as BTC broke through to $71,000, those who bought in at $70,000 have recovered their investments. Furthermore, 71% of BTC holders have held their assets for more than a year, indicating that there are more long-term holders in the market now. #狗狗币创数月新高 #下一BTC历史新高是多少？ #BTC挑战历史最高价

$btc, 1-hour trend prediction.

There is an opportunity to go long. After all, we are only one last resistance area away from the historical high. #下一BTC历史新高是多少？ #比特币布林带收窄至低水平 #BTC挑战历史最高价

Vitalik said on social media that he personally not only did not sell ETH in the past month, but also increased his holdings. As for the Ethereum Foundation selling ETH, it was to pay for the operating costs of the network, and he hoped that everyone could understand this.

He also said that Ethereum no longer loses 5 million ETH every year due to proof of work. Ethereum network fees are also low, and transactions can be completed in 30 seconds instead of 1 to 30 minutes in the past (thanks to the implementation of EIP-1559). Since 2016, Ethereum has never been shut down due to DoS attacks and consensus failures, and various security measures (including internal development and grants) have prevented a lot of capital losses.

Although there has been a lot of FUD sentiment in the market about Ethereum recently. But I think Ethereum is still the safest public chain at present, no one. And with the support of spot ETFs, ETH is unlikely to cool down. As liquidity increases, the market demand for ETH will also increase, and it is likely to rise again. #下一BTC历史新高是多少？ #比特币布林带收窄至低水平 #狗狗币创数月新高

Against the backdrop of the U.S. elections and global monetary easing, market liquidity and investor confidence are gradually recovering. What we need to do now is to strategically position quality assets, maintain patience, and wait for sector rotation to rise.

#狗狗币创数月新高 #比特币布林带收窄至低水平 #下一BTC历史新高是多少？ Additionally, the number of BTC call options expiring on November 8 is twice that of put options, with a total value of open contracts exceeding $2 billion, and the main strike prices are $70,000, $75,000, and $80,000. This is the first option expiration after the elections. This indicates that the market generally expects Bitcoin to reach a high of $80,000 after the elections.

What is driving the rise of BTC?

This surge is mainly due to expectations that Old Trump might win, as well as the stimulation brought by the earnings season of US stocks. Some smart money might have known something in advance and started to make moves early.

This year, the crypto community has realized the connection between the election and the BTC cycle. Old Trump has unexpectedly shown a friendly attitude towards BTC. He not only attended the BTC conference to give a speech but also launched his own DeFi product, claiming to 'make BTC a strategic reserve for the United States.' All of this has filled the market with expectations for Old Trump's possible victory. So, if he takes office, it would be a long-term positive for the crypto space.

As long as the expectation of Old Trump winning before the election is not broken, the trend of improving market sentiment and liquidity will continue. The market will determine its next steps based on the election results. If Old Trump is elected, BTC is likely to surge to between $90,000 and $100,000. If Big Joe is elected, BTC is likely to fluctuate around $80,000! #BTC触及7W #比特币布林带收窄至低水平

#BTC触及7W #比特币布林带收窄至低水平 #比特币布林带收窄至低水平 Public Welfare $doge, 0.131 Entry, successfully reached the second take profit position, successfully secured a profit of 15%! The current highest increase is 29%!

What to do? Hurry up and find a knockoff to get on! #BTC触及7W #比特币布林带收窄至低水平 #狗狗币创数月新高