62,000 has been reached, but the downward trend is far from over: following the trend is the only way out in this market cycle!
Sure enough, today Bitcoin hit 62,000 as expected!
This is not a coincidence, nor is it some black swan event, but an inevitable result of market cycle evolution. While the market still fantasizes that “a second bottom is the bottom,” smart money has already seen through a fact: the real decline has just begun.
Why is there still plenty of room to fall?
1. Dollar-cost averaging still has strength, but cannot resist the flood of selling pressure
Don’t be naive enoug
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