BTC突破6W9
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🚨Bitcoin Market Analysis🚨🚀
The recent market for Bitcoin has been quite frustrating, after securing profits on short positions, I haven't taken any further actions. I switched to a long position in SOL, and after closing the SOL position, I am now holding a long position in BTC. Based on the current trend, it is at the stage of breaking through the 69300 level, and the possibility of a breakthrough with a retracement tonight or tomorrow morning is relatively high.
If Bitcoin can break through 70000 this week, I would expect it to reach 71945-71109 by Friday. If it cannot reach that, a retracement around 70500 is also quite possible, and this retracement might go down to 66454-65718-64875. It’s worth paying attention to the support situation around 67276-67560.
Currently, there is a divergence between bulls and bears in the uptrend, the bulls are driving the rise while still carrying the bears. I hope that after the non-farm payroll data is released on Friday, we can complete a washout retracement next week, with bulls and bears completing their confrontations, leading to the first wave of a bull market before the election.
Initially, I didn't believe Bitcoin would reach 70,000 before the election. 🤨🧐🤔🤫#BinanceBlockchainWeek #比特币布林带收窄至低水平 #BTC突破6W9 #PCE、非农数据来袭 #phantom钱包宕机 $BTC
The recent market for Bitcoin has been quite frustrating, after securing profits on short positions, I haven't taken any further actions. I switched to a long position in SOL, and after closing the SOL position, I am now holding a long position in BTC. Based on the current trend, it is at the stage of breaking through the 69300 level, and the possibility of a breakthrough with a retracement tonight or tomorrow morning is relatively high.
If Bitcoin can break through 70000 this week, I would expect it to reach 71945-71109 by Friday. If it cannot reach that, a retracement around 70500 is also quite possible, and this retracement might go down to 66454-65718-64875. It’s worth paying attention to the support situation around 67276-67560.
Currently, there is a divergence between bulls and bears in the uptrend, the bulls are driving the rise while still carrying the bears. I hope that after the non-farm payroll data is released on Friday, we can complete a washout retracement next week, with bulls and bears completing their confrontations, leading to the first wave of a bull market before the election.
Initially, I didn't believe Bitcoin would reach 70,000 before the election. 🤨🧐🤔🤫#BinanceBlockchainWeek #比特币布林带收窄至低水平 #BTC突破6W9 #PCE、非农数据来袭 #phantom钱包宕机 $BTC
🚨How to view the latest BTC price trend🚨
Since the release of the big positive line, the market has firmly bought and the sharp rise above 68,000 is unexpected. My initial expectation is only to see the 66,000-66,800 area. The deviation from the line is the right time to go long and short. However, Bitcoin OI is relatively high at present, and the US election is approaching. I am very worried about how sensitive the market is to the downward trend of Bitcoin prices.
After BTC experienced a good rebound, the altcoins were weak, but these weaknesses were only compared with Bitcoin. I expect that as the market waits for the results of the election, after Bitcoin breaks through the 70,000 mark, market funds will be more dispersed, and TOTAL3 will be more sensitive to the results of the election (obviously sensitive to Bitcoin)
The recent sideways ups and downs, the market is in an important direction decision period, and both long and short sides have shown good strength, because the election is the time for people to decide the direction, so the long and short sides will try to P v P with each other for the last time before the results come out.
If you are a long-term investor in Bitcoin, please hold on firmly. For long-term bulls, the current market is in an extremely healthy structure. #美国大选如何影响加密产业？ #BTC要挑战7W大关了吗？ #BNB涨至600 #特朗普家族加密项目 #特斯拉转移比特币 $BTC
Since the release of the big positive line, the market has firmly bought and the sharp rise above 68,000 is unexpected. My initial expectation is only to see the 66,000-66,800 area. The deviation from the line is the right time to go long and short. However, Bitcoin OI is relatively high at present, and the US election is approaching. I am very worried about how sensitive the market is to the downward trend of Bitcoin prices.
After BTC experienced a good rebound, the altcoins were weak, but these weaknesses were only compared with Bitcoin. I expect that as the market waits for the results of the election, after Bitcoin breaks through the 70,000 mark, market funds will be more dispersed, and TOTAL3 will be more sensitive to the results of the election (obviously sensitive to Bitcoin)
The recent sideways ups and downs, the market is in an important direction decision period, and both long and short sides have shown good strength, because the election is the time for people to decide the direction, so the long and short sides will try to P v P with each other for the last time before the results come out.
If you are a long-term investor in Bitcoin, please hold on firmly. For long-term bulls, the current market is in an extremely healthy structure. #美国大选如何影响加密产业？ #BTC要挑战7W大关了吗？ #BNB涨至600 #特朗普家族加密项目 #特斯拉转移比特币 $BTC
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Why do the AI and MEME sectors need to be continuously monitored?
1. Isn't playing with MEME just a matter of a phrase, speculating on concepts and telling stories?
Aside from MEME, what kind of narrative does the market prefer most?
It’s AI; no matter how superficial this AI might be, as long as it dons an AI exterior, it becomes the darling of the market.
2. Some narratives may quickly lose their heat. A small prediction: the MEME narrative represented by artworks like $Ban finds it hard to establish 'stickiness' with retail investors, lacking a sense of vitality. After its peak, it's likely to fade into silence, and ultimately, funds will return to the Zoo or MEME+AI.
3. The secondary market only recognizes MEME and AI as version T0. This logic also holds a lot of imagination when telling stories on-chain. Some narratives are only suitable for a fling, while others can lead to marriage. Currently, one validated option for marriage is the Zoo, and from an imaginative perspective, the best answer is MEME+AI.
Friends who are currently confused and directionless in trading can come to the chat room for discussion!
If you're unsure how to enter the chat room, you can directly click 暴富之路 to enter.
You can also click the three dots in the upper right corner of the contract → Chat Room → Search Room ID (33765558) to enter the chat room.
#BTC突破6W9 #BinanceBlockchainWeek #PCE、非农数据来袭 #比特币布林带收窄至低水平
1. Isn't playing with MEME just a matter of a phrase, speculating on concepts and telling stories?
Aside from MEME, what kind of narrative does the market prefer most?
It’s AI; no matter how superficial this AI might be, as long as it dons an AI exterior, it becomes the darling of the market.
2. Some narratives may quickly lose their heat. A small prediction: the MEME narrative represented by artworks like $Ban finds it hard to establish 'stickiness' with retail investors, lacking a sense of vitality. After its peak, it's likely to fade into silence, and ultimately, funds will return to the Zoo or MEME+AI.
3. The secondary market only recognizes MEME and AI as version T0. This logic also holds a lot of imagination when telling stories on-chain. Some narratives are only suitable for a fling, while others can lead to marriage. Currently, one validated option for marriage is the Zoo, and from an imaginative perspective, the best answer is MEME+AI.
Friends who are currently confused and directionless in trading can come to the chat room for discussion!
If you're unsure how to enter the chat room, you can directly click 暴富之路 to enter.
You can also click the three dots in the upper right corner of the contract → Chat Room → Search Room ID (33765558) to enter the chat room.
#BTC突破6W9 #BinanceBlockchainWeek #PCE、非农数据来袭 #比特币布林带收窄至低水平