6.10 Accurate Market Analysis
Good morning, brothers, BTC once broke through $110,000
[rocket]
Let's review last week's accurate predictions
The 50-day moving average crossed above the 120-day moving average, long-term bullish
But based on history, it often falls before rising, because the manipulators need to wash out first
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It may drop to around $100,000 near the 50-day moving average
Don't panic, if you have bullets, you can buy the dip
From on-chain data, BTC continues to flow out of exchanges,
The Texas Bitcoin Strategic Reserve Act,
Will take effect in the next few days,
Texas will become the third state in the U.S. to establish a state-level Bitcoin strategic reserve, following New Hampshire and Arizona
Next steps:
Patiently hold BTC, if it swings, remember to buy back after a drop, be careful not to sell too soon
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Because the macro situation is very poor
Trump sends another 700 Marines to Los Angeles, threatening to arrest the governor
The U.S. Senate plans to revise the “Beautiful America Act” this week, the Republicans are about to have infighting
Altcoins are easily influenced by the decline of the U.S. stock market
It can rise, but it can also easily fall back down
