In the historical trend of Bitcoin, there is a phenomenon worthy of attention. Previously, Bitcoin had successfully broken through the long-term consolidation area three times, and now it is facing the fourth breakthrough.
Looking back at the situation after the first three breakthroughs, the price has been on an upward trend all the way. During this period, only when the price deviated far from the breakthrough point did a pin-type correction of about 20% - 40% occasionally occur.
For now, Bitcoin has just broken through, and given historical experience, the possibility of a sharp correction in this case is low. Therefore, investors can consider adopting a strategy of buying in batches when the price pulls back to the 76-77 range. However, there are huge risks in investing in Bitcoin, and the market is unpredictable, so decisions need to be made with caution.
