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Students! Bitcoin has been soaring for 7 consecutive weeks, and behind this trend lies these big secrets!
The market heat is directly reaching its peak! The skyrocketing prices have made investors collectively restless, with individual retail investors and Wall Street institutions leaving one after another. The sharp increase in the asset size of Bitcoin ETFs in the United States is the ironclad evidence that everyone sees as Bitcoin! A large amount of funds flooded in, the trading market went crazy, Bitcoin broke through $106000 on the same day, 90000 people liquidated their positions, and the long short game was so intense that it was suffocating! As the "carrier" of cryptocurrency, the rise of Bitcoin directly flies the entire industry, causing a surge in attention and more promising future application scenarios.
Macroeconomics is also providing assistance! The global economy is unstable, and Bitcoin has become a safe haven tool; The central bank is printing money crazily, and under inflationary pressure, its limited edition properties are even more fragrant. In addition, with frequent policy warm winds blowing, Trump's crypto friendly statements and local Bitcoin reserve bills have added fuel to the market.
But we must knock on the blackboard! Bitcoin's volatility is even more exciting than a roller coaster ride, and a 7-week consecutive rise does not mean a guaranteed profit. Before investing, one must remain calm and not be blinded by the market trends. Risks must be closely monitored!
From a technical perspective, BTC is expected to continue rising for seven consecutive weeks on the weekly chart, breaking through around 100000 to 112000. Currently, the upper channel is expected to fall below around 113000, possibly reaching around 100000. ETH is expected to break through 2100 and reach around 2800. The pressure is currently high, and a pullback is necessary. The daily chart is about to form a double top, and 2000 is expected to arrive. So, what should we do next?
Teacher Zhao Yun, who has 9 years of practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in!
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Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail.
Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
