Bitcoin went crazy last night, and the golden retriever's trade war could witness a historic financial crisis! The A-shares can be said to have plunged today! Last night, there were claims that financial sharks were going short on Bitcoin, which is quite accurate; global funds are scared and have all entered safe-haven assets!
This wave of Bitcoin is worth watching to see if it can break through the 60,000 mark. If it turns back around the 65,000 range, it should be a good rebound opportunity. If it goes down further, then as Long Ge mentioned in his previous article, it will be time to short at highs; there’s no need to watch the market because Bitcoin will enter a phase of scrambling for exits!
If WIF can't lift Bitcoin this time, it could very well enter a phase of extremely low zeroing out! Whether it can rise again depends on destiny!
