The current lowest price of Bitcoin is only starting from 93000, as I predicted over a week ago. The market makers will not allow retail investors to easily get on board, to avoid a situation like Ethereum where the vehicle is heavy and difficult to pull. Instead, there may be several secondary spikes to wash out high-leverage long and short positions, and during the back and forth, the price remains unchanged, but the contract positions disappear. I don't have much technical analysis; I purely analyze the psychological aspects of market activity. In the crypto space, many people are easily affected by FOMO, so certain psychological states are particularly evident.
Currently, the strategy is to exchange 60% of Bitcoin for Ethereum, and once ETH/BTC breaks 0.05, gradually exchange back to Bitcoin, hoping to quickly accumulate Bitcoin in this bull market after the halving.
If there are no major issues with the global economy, we might not see Bitcoin prices below 80,000 in the future.
I focus primarily on investment and financial management, using contracts for capital preservation or to capitalize on market movements. Basically, the money I invest is rarely withdrawn. Welcome to share insights on how to accumulate Bitcoin.
This week, Ethereum is strengthening, while Bitcoin continues to consolidate around 95500. The altcoin season may be approaching, and spot traders need to hold steady. Market makers have various methods to wash out speculators. Fellow financial enthusiasts, do not worry; we are looking at the coin prices five years from now!