I know a lot of investors are worrying about the political risk among US and China. But if you look at the chart, you will find a weekly MACD divergence which also happened 3 years ago. At that time, it was a historical entry point. How about this time?
58000 is a key place for BTC whether it will continue its bull or turn into a bear. If it fails to stand firmly on 58000 we will see a huge correction. But if it can hold 58000, let's continue this party.
I know a lot of people are bullish on BTC but I want to warn you the risk of this rapid rise. Even it could hit a new high but this is more like a short squeeze and probably will lead to a double top M pattern and a crash of its price.