Bitcoin surged to $117,000! Is it still a good time to get in?
1. Why has Bitcoin suddenly surged?
Key players make the coin price soar:
The policy green light is on
The US and Hong Kong issue 'identification cards' for cryptocurrencies and legislate regulation
Trump wants to build a 'national Bitcoin vault' and reportedly hoard 200,000
Large institutions are frantically buying
BlackRock and other giants are buying $370 million of Bitcoin ETF daily, equivalent to the money flowing in for 200 tons of gold
Japanese companies are following suit to buy, even Trump's own company has entered the market
Dollar depreciation drives up coin prices
Banks find: for every 1% cut by the Fed, Bitcoin rises by 12%
The probability of interest rate cuts is over 80% now, Bitcoin becomes 'digital gold' to resist inflation
2. Warning signals amidst the frenzy
Don't be blinded by the surge:
Playing with leverage is like playing with fire
100,000 people liquidated in 24 hours
The current market is like 'walking a tightrope': breaking below the $107,350-$109,800 range may trigger a chain reaction of crashes
Technical indicators show a yellow light
Short-term support level at $105,000 is like a safety net
If it hits $112,000 and fails to rise, profit-taking may crash the market
Policy uncertainties remain
Today, July 11, the US CPI data release may affect interest rate cuts
Trump's tariff increases may trigger market volatility
Beginner's safe entry guide
Remember 3 survival rules:
Use正规渠道
The safest way to buy Bitcoin ETF is through a stock account
Stay away from high-leverage contracts with a liquidation rate over 90%
Diversified allocation
Referencing the gold ratio:
Bitcoin 50% + Ethereum 30% + Quality altcoins 20%
Set a stop-loss line
Recommend stopping losses immediately if capital loss reaches 10%
Take profits in batches after exceeding 30%
$BTC
Follow Big D, a professional team guiding you to accurately hit wave points, keep up the rhythm and let your assets soar!
Big D steadily doubles trades, low multiples, private domain contracts#ETH🔥🔥🔥🔥🔥🔥
