Will BTC at 65.5k yuan be the start of a new round of upside?

If we follow my expectations—BTC reaching the 68k–70k yuan range—then this level is indeed quite good. The three-segment bullish divergence on the daily chart can’t just stop at 67k yuan. Since we built our position from the bottom at 58,000, we haven’t even reached the 10,000-point upside space yet.
BTC from 59k to 62k is the early phase of this one-way move. At this time, most people are still bearish. From 62k to 66k is the middle phase—this is where the earlier shorts get trapped.
The final tail-end phase of this rally should be in the 66k–70k yuan range. By the time it gets here, the early bearish positions that should get liquidated will have already blown up. Some retail traders that haven’t blown yet are still纠结 about whether to cut their losses, waiting until 68,000 yuan—where they basically reach the brink of collapse.
After more choppy days, the bull market returns. Then the people who were bearish at 62k start turning bullish again. The market now needs these people to contribute, otherwise what are we going to profit from…