$BTC is approaching the high point of 71800-72200 around May-June again after five months.
There are two key aspects to note here:
1. After $BTC reaches around 71800, it may quickly drop to around 68000 and oscillate for a while. Altcoins will also follow with a downward adjustment, leading to capital fleeing the altcoins, resulting in lower prices and uncertain spot users. BTC will maintain a high-level wide oscillation, consolidating before continuing to surge towards 73000, expected around late November or December.
2. After $BTC peaks at 71800, it may correct below 70000 and oscillate, with altcoins starting to rise from the meme sector. After various sectors rotate upward and funds withdraw, oscillation will continue until unusual movements start before the election concludes.
In any case, the future still looks optimistic for $BTC, but it will experience various consolidations and contract liquidity in between. What we need to do is seize opportunities and boldly buy when the chance arises. Personally, I advise those who do not understand the market to refrain from opening contracts; otherwise, when the opportunity comes, there may not be enough chips to seize it. Just buy spot and hold it securely.
If you make a profit from contracts, don't get carried away; withdraw a portion to your spot account to purchase a certain percentage of spot assets.
