After the five waves of BTC on the weekly chart, there will definitely be a deep correction, but the exact amount is unknown.
Historically, the price of Bitcoin has risen from 16,000 to 73,000, but the price of altcoins has fallen. Is it because the main force is trying to make a feint to the east and attack the west, pulling up the Bitcoin market to form a craze, and then selling the local dog to wash out the bottom-fishing players of the altcoins? Why is this so?
It may be that the bear market has lasted too long, and everyone has cheap chips. The main force will be unable to pull up the market comprehensively, and the liquidity of funds is insufficient. Even with the support of ETF funds in the United States and Hong Kong, the highest price has only risen by about 4,000 points from the previous high of 69,000, which makes people suspicious.
In addition to the capital side, the trading market must also consider the sentiment. The previous rise created a bullish sentiment. Everyone is bullish, and the main force will continue to go bullish and sell. For example, Grayscale is selling openly, and BlackRock is still on the verge of taking over at a high position. Is it like Grayscale and BlackRock are working together privately to set up a game?
I don’t know. We can only rely on news and trends to predict the main force’s ideas.
The future market continues to be bullish, but pay attention to the current correction. You can bet on the short side when it rebounds.
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