The world is bustling with people, all for profit; the world is moving, all for profit! Hello everyone, I am your friend Lao Cui Talking about Coins, focusing on digital currency market analysis, and strive to deliver the most valuable currency market information to the majority of coin friends. Welcome the attention and likes of the majority of coin friends, and reject any market smoke bombs!
This article returns to the market analysis link that we should have. As the price rises, as we expected, the depth of the callback can be said to be getting deeper and deeper, almost the same as what we said. At this time, it is more of a test of your patience. This trend also reminds Lao Cui of the previous historical highs, which was also a wave of 5,000 points. Bitcoin seems to have overlapped with history again. There is a trend that it can no longer go up after probing downwards, and there are signs of shorts. This also leads to the worries of the old leeks. Will the market repeat history? Today, we will analyze in detail what is different from history this year!
First of all, this year's Bitcoin has been listed and the news of halving has affected it, including the gradual relaxation of policies. This is the original accumulation, which has created capital that goes against the trend. Secondly, the influence of the Middle East, Europe and the United States and the war can be said to have caused everyone's eyes not to pay too much attention to the growth of our market. It is also because of the influence of war factors that the value of a series of crude oil and gold has been driven up. It has caused currency depreciation and inflation. If you observe carefully, you can actually see that the current market fluctuations are almost all driven by the policies of the United States. The loan period is approaching, and it can be said that we can only let the growth of a market go. At present, the currency market is not necessarily pulled by giants. We can't tell who is entering the market to disrupt the situation! We can only understand that this growth is more intense than ever before, and the funds behind it are definitely stronger.
Recently, many coin friends have made bold predictions, and they all think that this growth will exceed 10WU, or even reach around 15-30. Lao Cui would like to remind everyone that with the further growth of the currency market, it is likely to become the world's largest market in the later period, but the most important point is that there are only about 500 bitcoins in circulation in the market. Do you think this is a normal market behavior? Basically, the pricing power now belongs to the giants. Although we don't know who is behind the scenes, the purpose of the giants must be profit-oriented. So when it reaches the top, the position that the giants want, there will definitely be a big waterfall. Especially the current market, which is already at a historical high level, everyone must be prepared to evacuate at any time. Although Lao Cui is a firm bullish analyst, he must keep a backhand. If it falls below the support position below, Lao Cui also encourages everyone to enter the short position. This paragraph is to remind everyone that you must be aware of risks!
Moreover, for those friends who are blindly bullish, Bitcoin cannot maintain long-term stability even if it reaches the 15-30 point range in its current situation. To reach this position means that at least 50% of the world's funds will converge into the currency market. In this regard, it is almost impossible. Even if the giants try their best to raise the price, it is unlikely. What we retail investors have to think about is how to expand our profits. The bull market has no top, which is the most basic quality. Therefore, Lao Cui can only take one step at a time. As long as there is a sign of empty, he is ready to evacuate at any time. In the early stage, we also saw Bitcoin 7W and Ethereum 4K. At that time, some friends thought it was too high. Now it seems that breaking through these two positions is just around the corner.
As for the later market, after the breakthrough, we will see whether it stabilizes. As long as it stabilizes, it will definitely go up. There is no reason for the current currency circle to fall. At the current point, no one knows what to do next. As long as the giants start to leak, slackness will lead to a rapid decline in the price of the currency. However, as long as the market stabilizes, it is not impossible for Bitcoin to reach 100,000. Judging from the amount of funds in the currency circle, it has accumulated to the world's largest reserve, and it is just around the corner to become the world's number one market. Only the currency circle lacks supervision, so everything is possible. Lao Cui is still bullish in the future market. For spot users, Lao Cui also gives an indicator of growth. Previously, it was looking at 70,000 and 4K. At present, the growth is still sustainable. The specific exit position is waiting for Lao Cui's notification.
Whether it is spot or contract, you must follow the general trend. If the general trend is bullish, don't think about catching a waterfall. If you operate against the trend, you will not be able to catch it even if the waterfall comes. Well, that's all for today. If there are any market changes in the future, Lao Cui will notify you as soon as possible. If you have any questions, please follow Lao Cui's Coin Talk!
Lao Cui’s message: Investing is like playing chess. Experts can see five, seven or even more than ten steps ahead, while those with lower chess skills can only see two or three steps ahead. Experts consider the overall situation and the general trend, and do not focus on one piece or one place. Their goal is to win the game in the end. While those with lower chess skills will fight for every inch of land, frequently switch between long and short positions, and only try to win in the short term, resulting in frequent setbacks.
This material is for learning reference only and does not constitute buying or selling advice. If you buy or sell based on this material, you will be responsible for the consequences!
