Bitcoin has risen by $10,000 in four days, and altcoins have also grown wildly. At this stage, a large number of shorts have entered the market. As retail investors, I can only say that we should not be impatient and wait for Bitcoin to make a big spike before entering the market!
Bitcoin is anchored to the US dollar, and the newly revised US bill increases the debt ceiling by 4 trillion. I don’t know if you understand this news, which means that Trump will play a big game before the US debt collapses. At this stage, the world is selling US debt, and the chain reaction is that Bitcoin will rise sharply, and will fall rapidly at a high point 📉, which requires the current large amount of short-selling funds to explode first, so Brother Long judges that Bitcoin will be spiked at the stage of 114500-116000.
So in the next stage, Brother Long’s view is that there will be indirect spikes in this area of 114500-115500, and the stop loss is 116000!
