Holding Bitcoin? It may be time to clear your position above $80,000
Bitcoin (BTC) hit a record high before the halving, and now it has reached the $70,000 mark. You may wonder what the market will be like next?
In the bull market of 2021, after Bitcoin broke through the historical high of the 2017 bull market, it experienced 16 days of high consolidation, and then the price rose all the way to a very high level.
Will this bull market be similar? At present, the market is still a bit like the previous bull market, but it took 20 days to liberate the $69,000 locked-in disk. But this does not mean that the future market will not have a correction, and it may break through important barriers such as $100,000 and $200,000.
We used the law of nature to predict the future high range. According to the classic golden line prediction, the highest may be around $100,000. The large-scale prediction of the star line shows that the price may be between $91,000 and $101,500.
According to the current daily turning point K-line prediction, the high point is about $91,000. According to the weekly turning point K-line prediction, the high point may be between $99,000 and $104,500. However, it should be noted that this weekly prediction is not absolutely accurate, and we need to wait for the appearance of a more natural and more morphological K-line in the future.
These predictions suggest that some large-scale funds may have completed the turnover and shipment, but everyone has not yet fully invested, and the largest trading volume and selling pressure from large investors have not yet appeared. Using the large-scale star line prediction, the high point may be around $93,100.
Based on the above predictions, we can make a preliminary judgment. . .
For the full content, please see my homepage pinned
I need fans, you need reference!
