From today, the relevant announcements from Gate will still be synced here.
On October 21, it was mentioned that the first target for BTC is around 90,000, which can be considered almost reached now, right? Next, let's see if it will break the support line to face the big test of 80,000. The prediction from a month ago still holds valid: "With the completion of two bearish candles on the BTC weekly chart, the current downtrend has become more apparent." When the whales have completed sufficient short positions, the future downward trend will be difficult to stop, with the first target still around 90000u. If it continues to fall below 80000u, then the final target may occur at 20000u to 40000u, and this wave of movement may be completed in the next 1-2 years.
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From today, the relevant announcements from Gate will still be synced here.
On October 21, it was mentioned that the first target for BTC is around 90,000, which can be considered almost reached now, right? Next, let's see if it will break the support line to face the big test of 80,000. The prediction from a month ago still holds valid:
"With the completion of two bearish candles on the BTC weekly chart, the current downtrend has become more apparent."
When the whales have completed sufficient short positions, the future downward trend will be difficult to stop, with the first target still around 90000u.
If it continues to fall below 80000u, then the final target may occur at 20000u to 40000u, and this wave of movement may be completed in the next 1-2 years.