A broad mind determines the pattern, the pattern determines destiny, long-term layout in Bitcoin???

The significant drop in Bitcoin in April, reaching around 74,000, was mainly due to tariff escalations and the Federal Reserve maintaining interest rates. After the suspension of tariffs, Bitcoin strongly rebounded and began to establish a bottom. After a period of range-bound fluctuations, it successfully broke upward, with bulls now targeting the 89,000 level.

From near 74,000 to around 89,000, a rise of 15,000 points occurred with little major pullback. On the contrary, this week, despite a significant drop in the US dollar and US stocks, Bitcoin maintained a rising trend alongside gold. The root of this lies in Trump's continued criticism of Powell, causing a market risk-averse reaction.

As Trump continues his rhetoric, Bitcoin is expected to rise further. Meanwhile, the gradual easing of tariffs has also provided a boost to Bitcoin to some extent. Institutions led by MicroStrategy and BlackRock continue to buy aggressively, which boosts market bullish sentiment.

Currently, Bitcoin's key resistance is at the 90,000 level. If it breaks through, we will look towards the 92,000 area, which would perfectly break the previous dual top resistance. However, Yingjie believes this rally cannot last long, as neither Trump nor the Federal Reserve backs down.

Therefore, the initial breakthrough can be cautiously laid out for the long-term above 90,000. For those who are more conservative, bold long-term layouts can be made in the 91,000 - 92,000 range, with a target tentatively set around 85,000. $BTC #特朗普施压鲍威尔