Post
分析师舒琴
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Is Bitcoin really going to crash? Will it continue to drop, where is the bottom? Let's talk about my views.
1. From the candlestick chart, Bitcoin has very strong support at 58,000-60,000, which is the Fibonacci 0.618 golden ratio line. Can it rebound from here?
2. I think there is a high probability that the 58,000-60,000 range will become a short-term bottom, and it is likely to rebound significantly, at least to 67,000. However, I believe there is also a chance for it to eventually rebound to just over 70,000. So there’s no rush to short; we’ll keep an eye on the market in real-time, and we’ll short if we see a downtrend.
3. If you didn’t buy at 60,000 previously, there’s no need to rush; the crypto market often sees a second bottom, and it should come back after a while. As for the broader trend, the Bitcoin bear market is likely to last for a year, and we are now in the mid-point of the bear market; the real bottom may be just over 50,000 or in the 40,000s.
4. However, we can't pursue extremes; we should only place orders at just over 40,000. What if we can't buy? So I will start buying heavily at just over 50,000. Shuqin has been saying for the past three months that $BTC will drop to 50,000 or 60,000, and now that 60,000 has indeed been reached, we didn’t buy at the halfway point, and now we are fully cashing in to buy at the bottom!
5. Then early this morning, Shuqin was also staying up late with everyone to watch the market, calling out to everyone to successfully buy the bottom near 60,000, as shown in the picture. Personally, I bought 200,000 U of BTC and SOL, and when I woke up, it had risen by 10%, making a profit of 2WU. Congratulations to everyone!~
1. From the candlestick chart, Bitcoin has very strong support at 58,000-60,000, which is the Fibonacci 0.618 golden ratio line. Can it rebound from here?
2. I think there is a high probability that the 58,000-60,000 range will become a short-term bottom, and it is likely to rebound significantly, at least to 67,000. However, I believe there is also a chance for it to eventually rebound to just over 70,000. So there’s no rush to short; we’ll keep an eye on the market in real-time, and we’ll short if we see a downtrend.
3. If you didn’t buy at 60,000 previously, there’s no need to rush; the crypto market often sees a second bottom, and it should come back after a while. As for the broader trend, the Bitcoin bear market is likely to last for a year, and we are now in the mid-point of the bear market; the real bottom may be just over 50,000 or in the 40,000s.
4. However, we can't pursue extremes; we should only place orders at just over 40,000. What if we can't buy? So I will start buying heavily at just over 50,000. Shuqin has been saying for the past three months that $BTC will drop to 50,000 or 60,000, and now that 60,000 has indeed been reached, we didn’t buy at the halfway point, and now we are fully cashing in to buy at the bottom!
5. Then early this morning, Shuqin was also staying up late with everyone to watch the market, calling out to everyone to successfully buy the bottom near 60,000, as shown in the picture. Personally, I bought 200,000 U of BTC and SOL, and when I woke up, it had risen by 10%, making a profit of 2WU. Congratulations to everyone!~
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