Many people are concerned about when the bull market will come. When the price of the currency reached 73,800, many people predicted that the price of the currency would reach 100,000 in the second half of the year. Now no one is talking? Those who say the bull market is coming are the same group of people, and those who shout that the bear market is coming are still the same group of people. Let's talk about some common characteristics of the bull market in the currency circle.

First, Bitcoin and Ethereum both surpassed the historical highs of the previous bull market, which is a sign of the start of the big bull market. Second, the index is above 10, the index is lower than 0.2, and Jiang Zhuoer's 60-day continuous increase index is higher than 80%. These are basically bull tops.

Third, the daily K-line price of Bitcoin and Ethereum deviates from the 60-day moving average by more than 30%, and the 60-day moving average continues to rise. This means that everyone who entered the market at different time periods has made a profit.

Fourth, the 30-day, 60-day, 120-day and 200-day moving averages are dispersed, indicating that the chips are not concentrated and have begun to be distributed. Everyone is making money, which is very dangerous.

Five, the activities of the exchange are endless, basically 1-2 activities a month, and each project party takes advantage of the money to launch projects and strive to sell them at a good price.

Six, the circle of friends is full of people showing off their earnings, and the group is full of myths of getting rich. You have also made some money, and you are excited and want to get rich like them.

Seven, the market value of Bitcoin has dropped to about 30%, because the market value of the cottage has risen to hundreds of billions, which is dangerous at this time. Eight, the transaction volume is very high, and the transaction volume can reach hundreds of millions of US dollars a day.

Ninth, the Ethereum Foundation began to sell coins frequently, and their wallets

assets began to be deposited into the exchange for sale.

Ten, the market has continuous good news, one after another, and there are endless stories to tell, and each story is different.

The bull market in the currency circle generally lasts from 6 months to 2 years. For example, from the end of 2016 to the beginning of 2017, the price of Bitcoin rose from less than $1,000 to nearly $20,000, and the bull market lasted for more than a year. In early 2019, the price of Bitcoin gradually rose from $3,000 to a high of $14,000 in June, and the bull market lasted for nearly 6 months.

It should be noted that the rise and fall of digital currency prices is very unstable. The greater the price increase, the easier it is to adjust, and the greater the adjustment range. Therefore, the duration of the bull market in the currency circle cannot continue to rise, and there will definitely be optimization and ups and downs.#加密市场急跌 #新币挖矿HMSTR $BTC $BNB $ETH