A thousand gold coins cannot buy a bull back
1. Is the bull market over when Bitcoin reaches $73,800?
The probability of this round of bull market ending at $73,000 is less than 5%, and the cost of getting off the train in the middle of the bull market is very high.
2. What kind of coins can be used for swing trading?
Small coins with high technology can be used for swing trading, but large coins do not need to be used for swing trading.
3. What are the short-term and medium-term trends of Bitcoin?
Short-term fluctuations, medium- and long-term upward movement. Monthly line: The monthly line of March shows that both the volume and price have increased significantly; this month also closed positive.
4. Is there a huge drop before the halving? What should I do if it does?
It is highly likely that there will be no drop. If there is a drop, I can buy low-priced Bitcoin again. Isn’t that a good thing?
5. Where is the short-term support for Bitcoin? Where should I place an order if I want to buy the bottom in the short term?
65,000 is a greedy spot order
62,500 is a relatively cost-effective order
51,500 is a leveraged order
6. Where is the pressure point and where should I place the stop profit? How long will the market fluctuate before making a choice?
70,000 and 73,000 US dollars are both relatively high pressure positions. The market will have to make a choice after the shock reaches the end of April, and the probability of going up is relatively high.
7. In a bull market, how much of a drop is considered a normal drop?
In a bull market, a drop of 20%-30% is a normal and healthy drop. For example, this wave of Bitcoin fell from 73,000 US dollars to 60,000 US dollars, about 20%, which is a very simple drop. In extreme cases, a drop of 30% is still healthy. It is hard to buy a bull back.
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