After the halving of Bitcoin, the downside potential is already very limited. Now (May 2024), Bitcoin is around 63,000. Even if you short or dump, it will only drop to around 30,000, right?

Eating long positions won't get you much, and others are definitely accumulating at lower levels.
So, in my opinion, this is how it's going to be played next:
1. Continuously whipsawing between 55000 and 65000, occasionally with larger fluctuations, to trigger a frenzy among gamblers.
2. After several months of continuous exhaustion and adaptation to this period, suddenly pump the price to 75000.
3. People have inertia, they must come in some shorts, and then continue to pull, kill these shorts for the New Year, pull to about 85,000.
4. Most people will fall into the void, and the market will also rise, and everyone will start to enter. It is estimated that it will rise above 100,000. At this time, gradually sell off the previously acquired chips at a higher price.
5. The last wave smashed back to 50,000, completing the harvest.
As an investor who has been in the crypto world for many years, I am willing to share my experience and insights with you for free. If you are interested in the crypto world but don't know where to start, you can follow my page to explore the mysteries and potential of the crypto world together. Click on my profile picture for an introduction. Whether it's spot trading, futures contracts, or airdrop mining, a little action from me may be your limit.
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