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Bitcoin has surged! Why is it rising, and can it still go up? A huge opportunity is coming soon.
1. First, let's talk about the reasons for the rise. Trump and Iran officially signed a peace agreement, causing the US stock market to jump 3% before opening, Bitcoin broke through 66k, and surpassed the previous high of the rebound! So, the question is, will Bitcoin continue to rise?
2. The probability is high! But there's no need to chase the high. Actually, after breaking through the 65k resistance, it’s very likely to fluctuate and rise to the next resistance level around 68k. Since we already bottomed early with spot holdings, there's no need to chase the high. When approaching 68k, like around 67.6k, we can sell some again and also short one position.
3. Since we bottomed at 60k, we've been aiming for two rebound levels: 64.5k has been reached, and the next target is naturally 68k! So, as shown in the chart, we shorted near 64.5k yesterday, successfully gaining over 1,000 points. Without the positive news of US-Iran talks, we could have made even more.
4. Actually, every time a major bottom appears, most people can't catch the bottom. When Bitcoin hit 60k before, they didn't buy, waiting for 50k. Now that it’s rebounded, they’re anxious and bought in at 66k, which is less ideal than just buying at 60k initially. Don’t you think?
5. Additionally, Elon Musk’s SPCX can also be considered for shorting on rallies. When the hype cools down later, it should retrace quite a bit. Also, our previous aggressive bottom-fishing in Google GOOGL has benefited from the US stock market rally, with a significant pre-market increase—very good. Looking back at our layout from last week until now, it’s been very valuable, not disappointing everyone. Daily aggressive operations~ Shu Qin