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Will BTC fall to 40000?
After BTC rose to 73000, it has been sideways for half a year, currently oscillating around 60000. So, can BTC still drop to the 4-digit range?
I think the probability of falling below 50 again is not small, and the probability of falling to 40,000 is relatively smaller.
The effective support prices below BTC are 49000 and 41000, and it has already reached near 49000 in early August, and is currently preparing for a second bottoming.
When there is a price Fluctuation, we not only need to predict the future trend and range, but also formulate our strategy based on the prediction, and how to achieve the desired profit.
If it falls to the 4s, I think that would be a good get on board opportunity; At least a 300% return is expected relative to the future high point.