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The current situation is: Bitcoin suddenly jumps to $79,000, it seems the price has already broken through an important level.
But right now, everyone on the street is crazy, rushing to buy, all feeling that this rise has surely reached its peak, hurriedly chasing after it.
I'll be honest with you, I am very familiar with this kind of atmosphere, exactly like the severe crash in 2022!
Major institutions love to set traps like this, their steps are already prepared:
First, pretend to break through the peak 🐑 → Fool people into entering and buying → then suddenly drop the price by 10% to 15% → and repeat again.
This year alone, they've performed this kind of show three times:
February: rise to a high peak, then drop 11%;
March: pretend to break the record high, resulting in a sharp fall of 15%;
Now April: the $79,000 level again, a trap!
After this trick is over, it’s time for the real big drop opportunity to buy at a lower price.
The current situation is: fewer and fewer people want to sell, and those who want to buy are also trapped and unable to move, the market is like dead water.
Bitcoin in 2022 dropped from $65,000 to $18,000, isn’t that lesson enough?
By 2026, it will be even more dangerous, if it truly breaks below $58,000, it’s only a matter of time. #Gate13thAnniversaryLive #$BTC