Bitcoin’s next stop—I see $84,000
After this round was pulled back from around $60,000 to $BTC , the most important change is not that it’s rising quickly—it’s that after pushing up, it still manages to hold around $77,000.
In the past week, BTC has gained more than 20%. U.S. spot BTC ETFs saw net inflows of about $517 million and $606 million on August 19 and 20, respectively. Institutional capital has truly come back.
Right now, the biggest hurdle ahead is still $80,000.
I think as long as this time it genuinely breaks above $80,000 and holds, the trapped positions and short pressure in front will be eaten through another round. Then the next leg will likely make it easy to directly test the range from $81,000 to $84,000.
From $57,800, this round has made me increasingly not believe it’s just a normal rebound. After $80,000 breaks, my next stop is directly $84,000.$ETH #BTC走势分析
After this round was pulled back from around $60,000 to $BTC , the most important change is not that it’s rising quickly—it’s that after pushing up, it still manages to hold around $77,000.
In the past week, BTC has gained more than 20%. U.S. spot BTC ETFs saw net inflows of about $517 million and $606 million on August 19 and 20, respectively. Institutional capital has truly come back.
Right now, the biggest hurdle ahead is still $80,000.
I think as long as this time it genuinely breaks above $80,000 and holds, the trapped positions and short pressure in front will be eaten through another round. Then the next leg will likely make it easy to directly test the range from $81,000 to $84,000.
From $57,800, this round has made me increasingly not believe it’s just a normal rebound. After $80,000 breaks, my next stop is directly $84,000.$ETH #BTC走势分析