【★Market macro analysis, there will be a lot of information this week, and there are many information aspects that can affect the trend of Bitcoin. After Bitcoin rebounds in place, it only takes one opportunity to smash the market! 】

Brothers,

In this rebound, the main force of copying is BlackRock, which bought more than 2,300 Bitcoins. Suddenly, it was the Germans who smashed the market. Bitcoin supported above 62,500 and still retained the opportunity to break through 64,000.

According to the analysis of professional institutions, the strong resistance level of Bitcoin is 65,000. If this position is effectively established, Bitcoin will have the possibility of strengthening.

However, I am still bearish in the next month. The core is still one: BlackRock and other big dealers have not completed the accumulation of funds.

Review and summarize the market since June, hanfeng16890

The rebound in May, the deeper smash in June, the copycat was cut in half, the main reason is still that the big dealer of Bitcoin has not taken enough chips. The market has been pulling for half a year and needs to re-build the bottom and fluctuate.

When will the bottom be built? Completed in July! It only takes a few days, or even half a day, to pull the market up and take off!

Let's talk about the situation of Bitcoin. There will always be a time when Bitcoin dealers have completed their accumulation of funds. Grayscale Bitcoin cannot have an infinite number of Bitcoins.

You should know that the 15% drop in Bitcoin prices from the historical high of more than $73,500 in March may seem large to traditional market investors, but it is a normal bull market adjustment for long-term cryptocurrency holders.

In the two big bulls in 2017 and 2020, BTC fell by 20% or more 10 times. This is a normal and healthy bull market adjustment. Bitcoin's price fluctuations get rid of weak hands and provide those with a longer time frame with the opportunity to cover their positions on dips.

For long-term investors, hold the spot in your hands. Those with light positions have bullets and add positions at low levels. Those with heavy positions will lie flat and do not move. For short-term investors, take profit and stop loss recently. There are not many news this week. It is not ruled out that there will be pins up and down. Don't open large single contracts and leverage.

I still think that the price of Bitcoin will reach 8.5-9.5WU by the end of this year or the beginning of next year.

Brothers who are now frustrated by the knockoffs, don’t be discouraged, because the real bull market has not yet come. Don’t be fooled by those who say that knockoffs have no chance. In this industry, what is most lacking is not opportunities, but the heart to wait for opportunities.

If you don’t believe it, pull up the monthly line and see that the bottom is still a line!

Just hold on for three months and wait for the wind to come!