Short-term Bitcoin rebound focuses on the 100,000 mark. If it cannot break through, a second pullback will follow. Pay attention to the previous low of 92,000 during the second pullback. As long as the previous low is not refreshed, there shouldn't be much problem. After a one or two-week adjustment, Bitcoin will definitely return to above 100,000.

In the one year after the previous four US presidential elections, Bitcoin at least tripled and Ethereum at least 10 times. Although history will not repeat itself, it is always surprisingly similar. I believe this round will be the same.

This round of bull market is different from the previous rounds. In the previous rounds of bull market, any coin could rise to the sky. In this round of bull market, only Bitcoin is YYDS, and there are many copycats. The bull market is already halfway through, and it is estimated that many people have not yet recovered their investment. However, no matter which round of bull market, long-term holding of Bitcoin can outperform more than 95% of copycats.

Recently, BGB is still very strong; the market decline doesn't affect it. It's a good time to buy the dip in spot trading. Apart from Bitcoin, the first choice of cryptocurrency is #BGB .

Recently, Bitcoin has plummeted, and it turns out that Mentougou has been secretly offloading it. Previously, it held over 40,000 Bitcoins, but now it has only 36,085 left. In recent times, it has sold a total of more than 4,000 BTC, worth over 400 million dollars.

Usually, El Salvador buys only one Bitcoin every day, but today it bought 10 all at once. This is what it means to have faith; the more the market falls, the more they buy, unaffected by FUD sentiment.

Recently, BlackRock and Grayscale have been increasing their spot positions. Last night, Bitcoin experienced a significant drop, mainly due to a statement from the Federal Reserve that triggered panic selling in the market. This also provided an opportunity to liquidate contracts and wash out leverage. The bull market is far from over; just hold onto your spot and wait for the rise.

BGB goes against the trend, rising to 4.7, setting a new historical high. This round of bull market is expected to reach above 5. I believe it will soon reach #BGB .

Every time there is a deep correction in the market, some panic and sell, while others greedily buy the dip. Today, a giant whale bought a total of 1,627 Bitcoins, worth 162 million dollars. Anyway, I have increased my spot holdings; the whale better not think about taking away my profits.

Every time Bitcoin pulls back, many people think the bull market is over.

Based on the current price of Bitcoin, a pullback of 10,000 points is actually not much; from the peak, it's only about 10%. A 10% pullback in a bull market is quite normal. The biggest characteristic of a bull market is the frequent spikes and drops, but overall, the trend is that the price of the coin keeps rising. The purpose of the dips is to jump even higher.

From the daily chart of Bitcoin, a second top divergence adjustment has occurred in the short term. The K-line has accurately retraced to the MA30 and just touched the trendline. The MA30 has been tested multiple times before without breaking, indicating a strong support level. Therefore, in the short term, Bitcoin's pullback to around 98000 is basically complete. After the adjustment, it will continue to challenge the previous high of 108000, and there is a high probability of setting a new historical high. In the short term, around 98000, it is a good opportunity to buy the dip in the spot market. Cherish the bull's return #比特币

When others panic, I am greedy. I just added more positions in BTC, ETH, and BGB, putting all the thousands of USDT I earned during this time into it. I've never seen 94, 3.12, and 5.19. These minor winds and waves won't scare me away.

From the perspective of the bull market cycle, Bitcoin's performance this year is consistent with that of 2016, expected to rise for 4 consecutive months, which means that by the end of this month, BTC is likely to break $110,000, continuing to set a new historical high #比特币

Currently, 20 publicly listed companies hold over 1,000 #Bitcoin, worth over 100 million dollars, most of which are listed in the United States.

Tonight's Federal Reserve interest rate meeting is highly likely to result in a 25 basis point rate cut, which is beneficial for gold, silver, US stocks, and cryptocurrencies. The outflow of funds from traditional finance will also see some flowing into the cryptocurrency market. This month, Bitcoin has surged above 110,000, without any doubt.

Trump received 312 electoral votes, officially winning the presidency. In the following month, he will officially take office as the next President of the United States. Let's congratulate Trump and congratulations to cryptocurrency.