BTC Market Analysis: #BTC #行情分析📈

After Bitcoin broke through its new high, it has been soaring, and the current target is definitely to hit above 80000, as there are no resistance levels above. All technical analyses can only serve as judgments. The two positions at the bottom 👆 are my previous mid-to-long-term spot accumulation positions. I only filled the first position, and my position there was not particularly large, so it is quite regrettable～

Next, my thinking is:

Waiting for Bitcoin to reach a bottleneck, a pullback is definitely going to happen. After Bitcoin surged to a new high in November 2021, it started a significant pullback and entered a deep bear market. However, this time I am not looking at a deep pullback. The liquidation map for Bitcoin shows that there is nearly 560 million dollars in pending liquidation funds around 75600. I believe the price will drop to the previous historical high level, which is around 73700.

The unilateral surge of Bitcoin is actually just a carnival for the big players. For retail investors, the altcoins in hand have not really increased much. Everyone can pay attention to the buying opportunities for other altcoins after Bitcoin pulls back, because the altcoin season is the bull market that belongs to retail investors!