The callback on 24/03/15 is for a better rise. BTC’s weekly potential cup-handle pattern is one of the bullish bullish patterns.

It began to fall rapidly around 9 o'clock last night. It has dropped to as low as 66,699. From the highest point, it has dropped nearly 10% and dropped to over 7,000 points. 190,000 people were liquidated and their positions were liquidated to 683 million in 24 hours. During this period, the total of several large liquidations exceeded 150. 100 million RMB. During this period, we have been reminding the risk that this position is not suitable for medium and long-term layout and is not cost-effective. Just be a bandaid and copycat, and if you make money, treat it as a bonus. Although the overall trend is still strong, with prices ranging from 80,000 to 100,000 or even more, now that we are back, we continue to recharge our faith. The pullback is for a better rise. But it won’t be done in one step.

A friend said that many powerful celebrities are watching it🈳️Why am I optimistic about July-August?

I pay attention to the technical side and respect the signals given to me by the market. I don’t rely on news. News can only act as a catalyst...

(Of course, it is impossible not to read the news completely if you are speculators)

The monthly price line breaks through MA20 and is also the middle rail of BOLL, so it can take off directly. At the same time, I hope to step back on the middle rail to confirm that the better support is around 28600. Being able to step back and break through again is in line with our expected trend.

The MACD indicator may not be used by many experts, but some of the simplest and most common indicators are indeed signals seen by more people. The MACD column crossed the zero axis for the first time since it fell below in 22 years, and the fast and slow lines crossed underwater. It was the same for you in 2019.

24/10/31 BTC is adjusting near the previous high. Can the monthly line maintain a bullish close? Patiently wait for the election results.
Canary Capital has submitted a SOL ETF application to the US SEC. This is the company's third cryptocurrency ETF application this month, having previously applied for LTC ETF and XRP ETF. It has been shared that this round of the bull market is an institutional bull market and also an ETF bull market, which will require attention moving forward.
Although ETH spot has halved from 4000 to 2111, this is currently one of only two spot ETFs in the Crypto market. Although the trading volume is far less than Bitcoin, it is still worth paying attention to over time.

24/10/30 BTC surged to 73620, the cup and handle pattern is about to complete, and the fourth quarter is approaching 80-100K.
Last night, Bitcoin's price reached a maximum of 73620, just 1-200 points away from the March high. Yesterday's bullish candle also showed some volume, indicating capital inflow. Now, it is a critical moment: will it break through directly or will it need to go through a pullback before breaking through?

Since we reminded about the weekly cup and handle pattern on March 15, it has been more than 7 months. As of the time of writing, it has actually broken through, but it hasn't yet solidified this week and is currently just below the previous high. The next few days are very critical.

Bitcoin
After the weekly chart stood above the BOLL middle band, last week it formed a pregnant line combination, indicating a continuation pattern. The weekly chart has also formed a duckbill shape. Those who have positions from lower levels should not easily discard their chips. Those who haven't entered can only wait for a pullback; the moving stop-loss position should be raised to 70888.

24/10/29 BTC breaks through 70,000 again after 3 months, the daily rising flag pattern retracement is completed, Microsoft is studying whether to acquire Bitcoin
The Hong Kong Stock Exchange will launch the Hong Kong Stock Exchange Virtual Asset Index Series (Index Series) on November 15, 2024. BlackRock, as a major shareholder, will vote on Monday on whether Microsoft should study the acquisition of Bitcoin.

As of the time of writing, the price of Bitcoin broke through 71587 and rose above 70000 again after 3 months. The daily rising flag pattern continued to rise after stepping back. We also said that it should not fall below the 64800 pin position. The whole wave of false breakouts from 58945 was recovered. We bought in from around 60600 and then added positions to see 70000, which was also perfectly reached. It has been reminding that there is a chance to rush to 80,000-100,000 in the fourth quarter. Congratulations to those who keep up with the meat.