The fluctuation of Bitcoin is still hovering around the 95000-100000 range predicted by Long Ge. Recently, there has been something very interesting happening: the United States is hoarding gold like crazy. The previous theory was that Trump would use Bitcoin to solve the U.S. debt issue, but now the U.S. is starting to play with gold again. It is well known that gold and Bitcoin fluctuate in opposite directions; one is a safe-haven asset, while the other is a venture capital asset! So, will the market later be affected by the gold market's ability to attract funds, thus impacting Bitcoin's price?
Recently, WIF Long Ge has still been holding on, having come back from a low of 0.55. Long Ge initially told many fans that he was preparing to short from 4.2 down to 1. In the end, he went ahead and executed one long and one short position; the short position was profitable and exited, while the long position has been held on to. Moreover, in earlier articles, Long Ge had mentioned that WIF would touch the price of 0.5. It indeed reached that level. Whether there will be even lower prices in the future, Long Ge cannot say for sure. If it falls below 0.5, Long Ge would have no choice but to run away because altcoins never have a bottom. If this wave is weathered, the capital should be able to quadruple!
