The historical pattern of BTC is back! Being criticized badly in the past 10 days? I don't care, I’m not writing to please anyone, but based on a true analysis with a 90% hit rate. Don't agree? Just unfollow, and we can part ways!
Let me throw out a big piece of information: The concept of burning coins was not proposed by anyone else, it was me who first shouted it out at the University of Science and Technology of China, so stop saying it was someone else's original idea; there is only one truth.
Charts? Don't be fooled by complex tools; the 'sketch' I casually drew on my phone is the true essence of practical combat. The current market situation is strikingly similar to late July last year—first a small rise followed by a sharp drop. Whether it rises or falls depends on the mood of the big whales, but don’t hold out too much hope; global liquidity is as dry as a desert, and cash is tight to the point of explosion.
Some say that China’s ETF can save the day, but they have performed terribly; even stocks and gold are better than them, and the fact of tightening liquidity is evident.
As for the big dream, I still believe BTC can hit the $110,000 to $120,000 mark, but this requires the Federal Reserve to drastically lower interest rates and a super friendly political environment—please, if we could have another 'Twitter president' that would make it even more stable!
What are your predictions? Let’s meet in the comments section and have a good discussion about this big game of Bitcoin!