Many people are asking, is the BTC bull market over?
I'll continue to answer this question using simple data indicators.
Currently, the cost of short-term holders is $113,000,
the 200-day moving average is $109,000, and
the volatility support line is $101,000.
The overall strategy remains unchanged:
1. The bottom limit of this round of market fluctuations is a pullback to 81,000.
2. Last time, we discussed how breaking new highs is simple; the key is the 150,000 node, which represents the next psychological milestone after the 100,000 mark.
3. Therefore, the current trading strategy is to plan and allocate funds around the 8.1,000-150,000 range.
Of course, the strategy remains unchanged; a pullback is inevitable before a major rally.
A pullback is a typical accumulation of momentum. The bullish trend is clear, and the logic for attacking the $150,000 target is impeccable.
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