Trump returns as a king, Bitcoin sets a new high, surging to 75,000 USD on the same day. This morning, it continued its legendary rise, reaching as high as 76,000 USD. Take off, fully take off, congratulations to Bitcoin for breaking its historical high, it's our turn to celebrate!
How should we look at it next? Is it a new phase of the bull market or has it already peaked?
Haha, the sister is no longer laughing, the bears are also crying. After experiencing an 8-month pullback, the market has finally reached a new high, many people may have lost confidence due to being worn down, and those who were washed out early are definitely not few.
So, is the next phase a new bull market or has it already peaked? Undoubtedly, it cannot peak right now. Personally, I believe it is a new phase. If this momentum continues, there will be two more interest rate cuts this year, and reaching 85,000 by the end of the year is very possible (within two months, two cuts and another increase of 10,000 USD is also quite likely).
From a historical cycle perspective, major drops typically begin to steadily ascend about half a year after a halving. However, this doesn’t mean that when a bull market comes, one can definitely make a profit without loss. Why? Everyone's approach is different, and their understanding varies. More institutional forces will continuously enter the market, and we small retail investors may face more challenges.
Bitcoin's new high has really come, this time on the hook, it can be landed!
The pond master has released fish, will they continue to release fish next? The answer is definitely: slowly, the number of people fishing will also increase, you are the first guest, what you need to do now is find a good position (choose the right coin) take out your ancestral fishing rod, move out your golden bench (time waiting) hang up your bait (capital) and start fishing.
In November's market, with the news of Trump's victory confirmed, the market directly saw one of the strongest surges in the past six months, does this mean there will no longer be Bitcoin prices of 65,000, 54,000?
There is still a chance for Bitcoin to start with 60,000, but not at this moment. This time's big cake also continues the pattern of a major bull market every four years, according to historical patterns, Bitcoin will soon surge to 80,000, reaching the range of 83,000 to 85,000 USD.
Today's market, from the K-line, looks like Bitcoin is about to go up on the hourly level, with 4-hour, 12-hour, and daily levels showing an upward trend, with an intraday resistance level at 77,000 and a support level at 73,800 USD.
You can date BTC, but with altcoins, you can only be a scumbag!!!
Although the market generally believes that Bitcoin is on an upward trend in the long term, investors seem to have lost their previous speculative interest in altcoins, even if a large amount of capital is attracted into the cryptocurrency market, most of that capital is still flowing into BTC.
The altcoin market has shown a cold sentiment, and Bitcoin's market share has already reached 60%, setting a new cycle high.
When Bitcoin pulls back, altcoins will experience even more severe retracements! It's not wrong to be a scumbag in the coin circle!
Make a profit and run; scumbags never have a big picture!
Many people have misunderstandings about the market of BTC and ETH!!
Some people dare not buy the dip when it falls, and when it rises a bit, they liquidate. After selling, it continues to rise, and they regret not getting in, then after selling they want to chase the high. This is a classic retail investor mentality!
After the crypto market has risen, some people have become more emo, let's explain the market and review the recent situation of altcoins PEOPLE BOME FLOKI ORDI SATS WIF!
