BTC once broke through $110000.
Let's review last week's accurate prediction 🎯:
The 50-day moving average crossed above the 120-day moving average, bullish in the long run.
However, historically, it often dips before rising because the whales need to wash out the weak hands first ⚠️.
It may drop to around 100,000 near the 50-day moving average.
Everyone, don't panic, if you have bullets, you can buy the dip.
From on-chain data, BTC continues to flow out of exchanges,
The Texas Bitcoin Strategic Reserve Act in the US
will take effect in a few days.
Texas will become the third state in the US, after New Hampshire and Arizona,
to establish a state-level Bitcoin strategic reserve 💰.
Next steps:
Patiently hold BTC, if it dips, remember to buy back, be careful not to sell at a loss.
Because the macro situation is very bad.
Trump is sending 700 more Marines to Los Angeles, threatening to arrest the governor.
The US Senate plans to revise the "Beautiful Law" this week, and the Republican Party is about to have internal strife.
Altcoins are easily affected by the decline in US stocks.
When they rise, they can easily drop back down 📉.
Still, holding BTC is the way to go $BTC