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Bitcoin, hello! The entire world is making way for you! This week will continue to rise, and the answer will be revealed in advance

2026-10-12 11:06:59
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1. This week, there are two important variables: Monday at 23:30, the old US Treasury auction. My view is that the auction will be weak, leading to an increase in US Treasury yields, which means the US stock market will make a short-term correction downward, and risk assets such as Bitcoin will also decline or consolidate instead of falling for technical formation adjustments; Wednesday at 20:30, the US core CPI, which is the biggest variable for US Treasuries. My view is that US Treasury yields will decline, with funds flowing into gold and cryptocurrency, which are interest-free assets, leading to an increase in Bitcoin; Conclusion: Today, take a long position near the 83400 level, which is the top and bottom conversion position in the 2H cycle (current position); 2. From a technical perspective, the market has been running above the weekly MA60 for three consecutive weeks, indicating a strong bull trend. The pullback last week completed the top and bottom conversion on the daily chart, laying a solid foundation for the market's health. This week, I firmly believe that we, who are waiting anxiously, will raise a glass at the victory's endpoint!!! In addition, here is some investment advice: buy without haste, sell without greed, stop loss without delay, and do not spread across too many products.
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