There will be a Bitcoin roundtable in Washington, the United States in early July, which will stimulate the market to a certain extent. US President Biden supports mining, which has led to a certain rebound in the recent mining coins. Even Trump supports cryptocurrencies, which shows that they all want to get a vote in this regard and become the next president through voting. This is enough to prove that cryptocurrency is fully integrated into the United States and even most countries in the world, and it has become stronger. The total amount of Bitcoin in the United States is more than 4 million, accounting for 25%, a very high proportion. This ratio means that as long as the United States wants to take action, the market will be full of variables, so as retail investors, we must be cautious in our operations!
You can look at the liquidation position of Bitcoin. Many people short Bitcoin in the past two days. If it rebounds to 70,000 US dollars this time, more than 3 billion US dollars of positions will be liquidated. Therefore, it is not recommended that you short it now. Even if it falls to around 64,000 US dollars, there will definitely be a big rebound after liquidating part of the long positions, which may be more than 20%, as various depressed sentiments have appeared in the market recently!
Do many people think that the bull market is over? On the contrary, I think the bull market has just begun. I have said before that the real beginning of the bull market will be after July, including the fact that Altcoin have not yet seen a real outbreak, and the market value of Bitcoin will continue to increase. In the next two quarters, that is, the second half of the year, Bitcoin is expected to touch 100,000 US dollars. During this period, I will continue to give layouts and enter the market in batches!
Finally, I want to talk about ETC. There is a 6-fold bonus space from its highest point, which means that your value will appreciate from 100,000 US dollars to 600,000 US dollars. You can choose to enter the market, but it will take a longer time to hold. Of course, I feel that this 6-fold space is worth waiting for. The 6-fold space has a wide range of operations. If you don’t know how to operate or have difficulty in operating, you can add my V and I will teach you how to plan and how to get started, so that you can get 6 times the profit by gaining ETC in this bull market!
