Since November 5, Bitcoin has started to rise sharply.

It has been rising continuously in the past week, breaking through the previous high and several important barriers, and yesterday it hit a new high of 80,000 US dollars.

Today, its price is stable at 88,000, with no signs of correction, and it is expected to continue to rise. The next goal is to break through 90,000 US dollars.

Many friends asked if they can enter the market now. In this regard, I would like to say that I have shared the principles of investing in Bitcoin many times before, such as buying without thinking below the 200-day moving average, and preferring to be trapped rather than short positions. In the past few years, I have shouted all the way to 80,000 and called on everyone to pay attention, but many people just wait and see without taking action. Many people dare not enter the market when it falls. For example, when Bitcoin fell to 15,000, they wanted to get on the train when it rose to 80,000. This reflects the greed and fear of human nature.

If you really want to get on the train now and have faith in Bitcoin, I suggest you do a self-assessment first.