🔥 🔥 🔥Has Bitcoin #BTC already entered a bull market? 75,000 points is worth being highly vigilant about
After this round of Bitcoin $BTC rose from the bottom of 57,000 to the high of 87,000, many prominent figures, including Yilihua, believed that Bitcoin $BTC had already entered a bull market. And now that Bitcoin $BTC has fallen to around 75,000, many people think this is a good time to buy the dip during a bull-market correction.
However, my view is that Bitcoin falling to the 75,000 level requires high vigilance. At present, Bitcoin # BTC still cannot confirm that it has entered a bull market, and once 75,000 is broken, it will face a vacuum zone of several thousand points all the way down to 67,000.
There is also a view that if Bitcoin falls below 70,000 again, it would be a good opportunity for the dog庄 to help retail investors build spot positions, equivalent to giving money to retail investors. However, if U.S. stocks fall sharply later, the dollar depreciates amid a U.S. debt crisis, and Bitcoin # BTC, as a risk asset, follows a long-term decline, what is impossible about that?
Therefore, 75,000 is a key level for Bitcoin # BTC, almost the watershed between whether Bitcoin # BTC will move into a bull market or a bear market. The battle for Bitcoin # BTC around 75,000 in the future will also be very complex, and even full of traps. My view is that buying the dip in Bitcoin # BTC around 75,000 carries a very high level of uncertainty.
After this round of Bitcoin $BTC rose from the bottom of 57,000 to the high of 87,000, many prominent figures, including Yilihua, believed that Bitcoin $BTC had already entered a bull market. And now that Bitcoin $BTC has fallen to around 75,000, many people think this is a good time to buy the dip during a bull-market correction.
However, my view is that Bitcoin falling to the 75,000 level requires high vigilance. At present, Bitcoin # BTC still cannot confirm that it has entered a bull market, and once 75,000 is broken, it will face a vacuum zone of several thousand points all the way down to 67,000.
There is also a view that if Bitcoin falls below 70,000 again, it would be a good opportunity for the dog庄 to help retail investors build spot positions, equivalent to giving money to retail investors. However, if U.S. stocks fall sharply later, the dollar depreciates amid a U.S. debt crisis, and Bitcoin # BTC, as a risk asset, follows a long-term decline, what is impossible about that?
Therefore, 75,000 is a key level for Bitcoin # BTC, almost the watershed between whether Bitcoin # BTC will move into a bull market or a bear market. The battle for Bitcoin # BTC around 75,000 in the future will also be very complex, and even full of traps. My view is that buying the dip in Bitcoin # BTC around 75,000 carries a very high level of uncertainty.
