Where does BTC stabilize and start a rebound after the sharp drop?

The percentage of the world's population using Bitcoin is equivalent to the level of Internet use in 1995. Data shows that despite its nascent stage, the overall cryptocurrency market is growing relatively fast. In 1995, the percentage of the world using the Internet was 0.5%, but by 2020, the global Internet usage has reached 60%. This compares to 0.5% of the global Bitcoin usage in 2020. What do you think the price of bitcoin will be when 60% of the population is using it? Blockchain data shows that the number of independent addresses on the Bitcoin blockchain network is around 687,000.

Compared with the level after Bitcoin plummeted from record highs in 2018, the current stage of Bitcoin has seen a significant increase in user activity. Bitcoin is developing into a recognized store of value and potential inflation hedge.

9/24 BTC technical trend analysis:

BTC trading strategy reference:

BTC trading strategy reference:

1. It is recommended to go short near the rebound 10350-1430, stop loss at 10520, and target 10200-10100;

2. It is recommended to go long around 10200-10150, stop loss at 10050, and target 10350-10450.