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The market trend prediction chart for Bitcoin. This chart is purely the personal opinion of the old hunter and only represents the current view, not a long-term perspective. The market changes rapidly, so do not stick to the old rules. It can be used as a reference, but it is not a trading guide. Any similarities are purely coincidental.
A sharp upward trend, a false breakout that breaks the trendline followed by a consolidation, is likely to be a genuine breakthrough of the previous high of 112,000. However, don't blindly chase this challenge of the previous high, as we must guard against a repeat of the false breakout from 2021. This chart reflects the mid-term view of the Old Hunter. The market needs a trap to complete the transition from bull to bear, and a large-scale false breakout is the best method. Countless textbooks from ten years ago will teach you that breaks in patterns and previous highs should be followed with buying. However, the speed of innovation in the crypto world far exceeds the knowledge from those textbooks. The knowledge you have learned is precisely what the manipulators have also learned. It's like practicing the same Sunflower Manual; who will win? It all comes down to the tricks of the deceiver and the defenses of the deceived. #中心化交易所Top3的重塑时刻# #Kevin Lee入驻Gate广场# #港股币股热潮#