In the live broadcast of Liyuan Community: Bitcoin plummets, 90000 people sell out, where is the cryptocurrency market heading?

Click on the link to enter the meeting: https://meeting.tencent.com/p/9031749175 Hello everyone, I'm saying goodbye. I will be live streaming tonight at exactly 8 o'clock. Bitcoin has been trading sideways for 5 days since its rapid adjustment, but how long will it take to break the current balance and choose a new direction? I personally think it will take at least another week! During this period, there was too much movement on the gold side, breaking through the 5000 mark directly. This momentum of rapid progress has indeed captured the souls of many investors. Everyone watching the gold hitting new highs every day must be itching in their hearts, feeling as if their Bitcoin is dead and motionless. This psychological gap is exactly the effect that the main capital wants. There are only so many funds in the market now, and the gold side has a strong suction effect, which naturally makes Bitcoin appear deserted. The five-day sideways trend is actually grinding everyone's patience. Many retail investors, watching their neighbors eat meat and unable to even drink soup on their own side, will definitely be unable to resist the urge to cut their meat to chase after high gold prices. As long as you make a move, the banker's goal will be achieved. Why do we say it will take another week? Look at the current trading volume, although it has decreased, it has not yet reached its limit. There are still many undecided floating chips on the market, and the main force needs to make these people completely give up and leave. Only when the car is light can it rise. This week's time is reserved for the market to change hands and clear up indecisive elements. Besides, as gold rises to the 5000 level, risks are actually accumulating. When the heat on the gold side slightly decreases, the funds generated from profit taking need to find new destinations. That's when Bitcoin truly gains momentum. The current sideways trend is not a bad thing, it's using time for space. Don't be impatient, everyone. At this point, the competition is about who can sit firmly and blindly change cars, which can easily lead to being beaten on both ends. This week, let's wait and see, don't let the noise of the market distract us from the rhythm. Tonight's live broadcast will bring you real-time short-term orders, including the layout of mainstream Ethereum knockoff market in the future Seagull group number: 80828213 Meeting number: 9031749175 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.