If 72,000 is a false breakout, then the upcoming BTC will experience a decline of at least 10,000 points or more.

This morning, BTC suddenly surged with a large bullish candle, and many people started shouting that the bull run is coming, with BTC heading to 84,000, etc. Some also said that this rise is due to Trump suspending the two-week strike on Iran. I just don’t understand why every time there’s a rise or fall, people have to find a reason or excuse. News is just a tool for the main players to hype up the market, not the actual cause. If you understand the priorities, you can’t do good trading. If you’ve read my posts, you should already know that I’ve repeatedly warned everyone that BTC might revisit the gap around 73,000 above 70,000. Is it happening now? BTC reaching 72,000 is within my expectations. I’m not Trump, I don’t have any insider information, I just looked at the market chart. But how do I know it will come to 72,000? Because, through technical analysis, I can see the necessity of reaching 72,000. It’s not driven by news or Trump.

So, what’s next? The key point to watch is 72,000. If 72,000 is a false breakout, then BTC will fall below 60,000. This possibility is very high, and it could be the last major dip of the year. This is a great opportunity for long-term shorts. How to confirm a false breakout? As long as the price falls back within 72,000 and rebounds do not exceed 72,000, we can interpret this as a false breakout. Then, it’s time to consider setting up long-term shorts. When trading, you don’t need to catch every move; capturing the big trend once is enough to sustain a month of frequent trading.