#BTC走势分析
Bitcoin once rose to a high of $70,000, bringing hope to the unstable crypto market. After Bitcoin's comeback, some altcoins rose by 10% to 20%, and investors are curious whether this marks the restart of the cryptocurrency bull market. Bitcoin's price history over the past decade is determined by alternating periods of bear and bull markets. Usually, the bull market starts after the Bitcoin halving event, and the two years before each halving tend to be bearish. After standing firm at the high of $70,000. Then charge to $75,000. It is not recommended to short Bitcoin at this stage, and it is difficult to pull back downward in the short term.
It is worth noting that the spot Bitcoin ETF accumulated more than 14,000 Bitcoins last week, while Bitcoin miners only created about 524 Bitcoins. According to on-chain data, a whale investor bought more than 16,445 Bitcoins worth more than $1.1 billion in the past 24 hours.
Another crypto whale bought nearly 1,600 bitcoins in the past 24 hours, worth more than $106 million.
Bitcoin is expected to reach a new high soon, the principle of bull market is to be bearish but not short
Bitcoin target 73,000 stop loss 70,000 go for it
