The crypto market experienced a series of fluctuations in early July, initially affected by the continued selling of Bitcoin by the Trump administration, which directly pushed its price down to $53,269 on July 5.
However, the shooting of Trump on July 14 completely changed the market trend of Bitcoin. Bitcoin broke through the $65,000 mark today, but at 13:25 in the afternoon, 0.021 Bitcoin was transferred from the Mt.Gox address, which may mark the beginning of the transfer test, and the news about Mt.Gox flooded the market.
The current price of Bitcoin is around $62,000, facing certain instability. At the same time, altcoins are generally affected and fall, and many investors are faced with the dilemma of cutting losses and chasing highs before, and they don’t know whether they need to cut losses again.
Based on market trends, I think a sharp correction may be a good time to enter the market, which is often an opportunity for insiders to make profits from outsiders. However, many people involved in the crypto market do not understand market trends, lack effective investment strategies and information sources, and are unwilling to learn from experienced investors.
The key to successfully making money in this financial market with the most smart people is to establish a systematic investment method and continuously improve your investment ability and market insight through learning and practice. #山寨季何时到来?