I firmly believe we are still in a bull market cycle, and the worst bottom will be the historical peak of the last cycle at $70,000. I'm not sure if it will drop that low, but there are several key signals to watch for:
Dollar liquidity signals
The U.S. Treasury General Account is declining, which amounts to a liquidity injection, a positive signal for the market.
Possibility of a short-term pullback
If this round of increase is just a 'dead cat bounce,' Bitcoin could fall back to around $80,000, giving us another entry opportunity.
Risk of synchronized adjustment in global markets
If the S&P 500 index or the Nasdaq 100 index drops 20%-30% from their historical highs, plus a major financial institution is on the verge of bankruptcy, we could experience a synchronized adjustment in global markets. At that time, all risk assets would face sell-offs, and Bitcoin could drop below $80,000 or even pull back to $70,000.
No matter how the market changes, we will cautiously buy on dips, avoid leverage, and patiently wait for the final dramatic fluctuations in the fiat financial markets. Once the global economy resumes under the leadership of the U.S., Bitcoin is expected to break through $1,000,000 or even higher.
Brothers, the bull market is still on, and the short-term pullback is an opportunity, not a risk. Stay calm, buy on dips, and patiently wait for the big market movements! Follow me for more cryptocurrency insights, and I'll guide you to steady profits with clarity!