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$BTC Callback ended, awaiting a major market move, with a chance to return to 120,000!!!
The cycle has ended!!!!
Now, for Bitcoin, this is an excellent entry opportunity!!
Starting with fundamental analysis, first, Bitcoin has been accepted by millions of merchants as a payment method, especially in international trade and online payments; secondly, in today’s world, compared to gold and fiat currency, people are beginning to think that Bitcoin is the most valuable; Bitcoin is recognized by the public and governments as a store of value, and its market cap will greatly increase in the future.
Speaking of technical analysis, Bitcoin retraced from 126,000 to 59,000, fully releasing selling pressure, and buyer momentum has become strong. As Bitcoin becomes more widely used, 59,000 has become a very strong support level in recent years. Bitcoin will rebound from 59,000, forming a long-term upward trend.
You can buy Bitcoin at 64,000, or go long on Bitcoin, with a stage target of 80,000, and a longer-term target of 120,000, offering a 30%-100% profit potential. #STRC跌破面值11%创上市新低 #btc