$BTC is not me bragging, I saw 109700 on May 9th, posted on the 11th, and also provided the target of 109700 on the 13th. Yesterday, when it was close to the target, I also reminded everyone. Recently, many KOLs who have led you to short at the top, have they all stopped? Spending money to learn a bunch of techniques? I'll tell you one logic: just look at the 3-day line, a breakout is a breakout, a breakdown is a breakdown. If it hasn't broken down, then we look upwards. It's about to approach the next target level of Fibonacci daily line 2.618 (113500 area). Pay attention to shorting against this level, strong liquidation below 131000 is not safe. Why is it not safe? Because it has broken through the weekly box, and the top of the next weekly box is the 131000 area. Unless there is a pullback and the weekly entity breaks below the 105000 area, most people are currently looking for a pullback and shorting. So, every stop-loss short position, every liquidated short position is a buy order, spiraling upwards.

$BTC Where can this big pie go? The shorts who are resisting, come take a look. I have been bullish since 7.8 up to 102700, and my record is verifiable. The price calculations of Bitcoin have never failed. I am not making predictions here; I am talking about calculations, which must have logic behind them.

First, look at Chart 1. To make it easier to see, I only kept 1.618 and 2.618 for the Fibonacci indicators. It is clear that the Fibonacci 1.618 on the weekly level is a clear support-resistance swap level, and 2.618 (113500) has a very high overlap with the major weekly channel.

Those who want to short can pay attention to the closing situation of the 3-day line. If it closes above the 106400 area, then any forced liquidation below 2.618 is unsafe. If the weekly closes above 105700 and successfully stands above 2.618 (113500), the maximum could reach 134200.

So under what circumstances can we short? First, the weekly close cannot break through the channel; that is, it cannot stand above 113500. Secondly, the weekly must fall below the 105700 area. Note that I am saying an area, not a fixed price. Although I have drawn the lines fine enough to reduce errors, there will still be discrepancies on the weekly chart.

To summarize, if the weekly breaks through 105000～105700, we look up to 113500～134200. If this is indeed a main upward wave, then it cannot drop back; if it drops back, it means it has returned to the original oscillation box, which would be a false run.

If that happens, it indicates that the major weekly channel is encountering resistance, and a major pullback of ten thousand points could occur, with the deepest drop potentially reaching 50000.

Don't say I am blindly bullish or bearish here; I have added all the preconditions. I won't be mindlessly bullish, nor will I be mindlessly bearish. Stay vigilant and control risks. 还在抗吗？点进来聊聊