Investing carries risks, proceed with caution. Long and short positions are not child's play; price fluctuations have their reasons. Hello everyone, I am the leader Guohao, feel free to communicate and follow me.
In the evening operations, it is recommended to set up long positions in the 96800-96500 range, with a target of 97500-98300; if it rebounds to 97500-97800 and faces pressure, a light short position can be attempted.
Crypto bigwigs' predictions for Bitcoin's price in 2025, even the lowest estimate thinks it can rise to 142,000 USD, while most believe it can exceed 150,000. What do you think?
Investing in cryptocurrency is similar to buying a pre-sold house. During the bear market of 2022, Ethereum and Bitcoin were both taken down and rebuilt together. Today, those who bought Bitcoin have long moved in, while those who bought Ethereum feel like they purchased a half-finished building. Not to mention moving in, the roof isn't even covered, and the exterior walls aren't properly painted 🙄
A truly worthwhile opportunity to go all in on Bitcoin occurs once every 1410 days.
There have been three instances of monthly oversold conditions in Bitcoin's history:
1. 2015: $152
2. 2019: $3,670
3. 2022: $18,183
The intervals between the two oversold conditions were 1520 days and 1300 days respectively. Following this pattern, the next occurrence is likely between September 2026 and January 2027.
If Bitcoin rises 12 times again, when its price exceeds 1.14 million dollars, its market value will surpass gold, becoming the world's number one market value. Can you dare to imagine?