$BTC Today's Thoughts. Saving Retail Investors!
The strategy for Bitcoin on the 26th brought it from 67200 to 71587, and I enjoyed this wave.
Now, speaking of this surge, we finally hit 70,000, preparing to reach a new starting point,
The next target is around 750.
However, now, after a sharp rise, there will inevitably be some struggle and pullback, facing certain sell-offs. Of course, the sentiment is good right now, so the selling pressure won't be too heavy. On the contrary, after some observation, more people will likely enter the market to push it up.
So our target can be to look directly at the 70220~70400 range to go long. Generally, in the absence of major negative news, it won't easily break below the 70,000 psychological support.
I've been bullish this month and have always said that in November, BTC is expected to reach 80,000.
But to go higher, we need certain policy support or significant positive news to drive it. 100,000 is not just an increase in numbers, but also an increase in market capitalization.
So, compared to Bitcoin, in November, I will devote a lot of attention to researching altcoins.
Because altcoins have experienced a bear market from April to September, many coins have basically fallen back to last year’s bottom,
The increase in Bitcoin's market cap is good for the entire crypto space, and of course, some altcoins also have the opportunity to rise.
As long as an altcoin has heat, wanting to rise is much simpler than Bitcoin, isn't it?
Tenfold coins are still common in a bull market.
So today’s thoughts: enter around the 70350 range with a stop loss at 69000. If it breaks that stop loss, we can go short.
For altcoins, observe Floki; without good news, the target is 0.155.
Buy Doge on a dip, believe in Musk.
For Neiro, this can only be a small position,
not
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