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Bitcoin's decline is basically confirmed to be over. The uptrend starts next, with a target above 90,000. Overhead resistance at 78488, 812, 848, and 874—break through them one by one.
I forecast this before Trump and the Republicans lost. After their defeat, global stocks, including Bitcoin, began to rebound. The world has suffered from the blond guy for long enough. Objectively speaking, he has pushed forward crypto legislation, while taking money from the crypto market and acting just like Musk—using despicable pyramid-scheme tactics to profit himself. Tariffs and the Iran conflict have brought signs of a global economic downturn.
His calls had some effect at first, but after crying wolf for so long, they no longer work. Everyone knows he wants to make money. Next, he'll keep fighting Iran and get Russia and Ukraine to stop fighting. In short, he'll make America great again—but the Democrats won't agree. This will basically be the tone from now on. Nobody understands Trump better than I do. I used to check his Twitter, but I don't anymore. There's nothing of substance there; it's all for crazy people.
Today, I caught a long position at exactly 75700. I even said in the office that I might have caught it, then opened my phone and saw that I really had—exactly on the mark. I told them it was pure luck, blessed by God. I'm not that amazing.
I'm holding a Bitcoin long and a gold long, waiting for the rise to begin. After holding out for several days, this rally has finally arrived. Looking back, my earlier forecast of a drop to around 760 was right, and the gold long at 3893 was right too.
Now all that's left is to wait and see whether this rally can reach 90,000. God bless, I can finally stop eating congee!!!
$BTC