$BTC Big news! ! Big news! !
This round of bull market in the cryptocurrency circle will pass! ! !
Where to go next! ! !
Let me explain my prediction of the trend of Bitcoin again. This analysis is only a prediction without specific reasons. The reasons have been mentioned before and will not be repeated too much.
Market forecast:
1. Bitcoin is oscillating and building a peak at this stage. Ethereum leads the Shanzhai to fly up. The approximate time period is 1 to 3 weeks. It is about this time span and cannot be accurately defined.
2. The market began to oscillate downward and oscillated to 6 to 6.3w. During the oscillation, bulls began to build positions. The longer the oscillation time, the more bulls there are, and finally the plunge mode is turned on.
3. The market fell below 6w and fell to a strong support level of 5w. A large number of bloggers and retail investors were completely bearish, and the market began to fluctuate. A large number of short orders began to enter the market. The market quickly pulled up and knocked out all short orders, and then plummeted, completely entering the bottom accumulation stage of the big cycle. The accumulation process basically conforms to Wyckoff's accumulation theory and can be used as a reference.
4. This cycle will last about 4 to 6 months. Why it takes so long is actually related to accumulation, which will be mentioned below.
Such predictions are actually very difficult, and bloggers who make such predictions are extremely rare, because it is difficult to be accurate. Once inaccurate, it means losing a large number of fans. Many bloggers are very ambiguous in their videos or articles, but I personally don’t want to be that kind of person who speaks ambiguously. At this stage, I firmly look at the trend. Many bloggers can make themselves reasonable when they say that the market rises or falls. They are very powerful when it rises and falls. This doesn’t make much sense. I am not a god. I just make a rough prediction based on my analysis of the bull market, the bear market, and the dog market psychology. This prediction does not involve specific points, because the points are extremely difficult to predict, and only the general shape can be predicted.
Finally, I want to say something about the bull market:
1. The main rising wave of the bull market is not as simple as imagined. If the market is to enter the main rising wave of the bull market, it must go through a long period of accumulation or a violent wash. The dog dealer needs to obtain sufficiently low chips and the car needs to be light enough to start the market. In the current market, the main force is obviously shipping, and the market does not have the rhythm of the main rising wave of the bull market.
2. Buying at a place where no one cares is actually extremely difficult. When no one cares, it basically means that retail investors have been violently harvested. Many retail investors have lost confidence in the market. In this case, no one cares. Many groups and bloggers will not pay much attention to the articles and videos posted. New leeks will not enter the market if they cannot see the huge profits in the currency circle. At this time, no one cares, and it is basically not far from pulling the market. However, at present, retail investors are obviously very active. Everyone is worried about missing out. This mentality is obviously in the ranks of being harvested.
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