Why did Bitcoin end after soaring high and start to wash out in April? Buy these four ten-fold targets at the bottom!
I played an April Fool’s Day joke on everyone on the first day of April. BTC rebounded to the 70,000 mark. As a result, the U.S. ISM manufacturing PMI released at 22:05 exceeded expectations and provided further evidence for the Federal Reserve to maintain high interest rates to fight inflation. As evidence, after the data was released, BTC pulled back all the way and returned to today's low.
Do you know why BTC immediately turned around as soon as it surged?
Before the two previous bull markets, it was like the calm before the storm. Those highly leveraged investors were severely shaken, and the market was reshuffled. But this time it was different. The adoption of the ETF was like a shot in the arm to the market, and BTC was directly pulled up. But here comes the problem. This time the washout is not complete, and those highly leveraged investors are still eager to take a chance in the market. This is like a fierce boxing match. Both players are going back and forth in the ring, but one of them is not fully prepared and still bears the "scars" from the previous time.
Therefore, when the game enters a fierce stage, at the critical point of historical highs, this "game" will become even more stalemate. The market will repeatedly wash its hands, trying to clear out those investors who still have the "scars" of high leverage. Only when they leave can the market truly continue its upward journey. Therefore, the current BTC market is going through a big baptism. Only after sufficient washing and cleaning can it usher in a real explosion.
There is a slight correction in the market. A correction is not terrible. What is terrible is that there is no correction! The bull market has passed halfway, and I conclude that retail investors only have 3 months of opportunities left. If they don’t seize the opportunity within 3 months, there will be no opportunity in 4 years!
Bitcoin is above the annual line and has bottom support, and the activity of the old mainstream has increased. At present, Bitcoin and Ethereum have released all the trapped chips. That is to say, more than 90% of the chips are in a profit state. Many people think that April is the down season, but they forget that there is halving support in April and the eyes of institutions. The bull market has arrived, and the individual coins in the bottom area will all It starts in turn, and the time is calculated in weeks. The purpose of the banker is to kick you off before the counterfeit season starts. Patiently holding individual coins in the bottom area is the best operating strategy.
For most people, as long as you are sure that in this bull market, Bitcoin will rise to at least more than 100,000 US dollars, you can ignore the correction in the middle. If you have bullets, add positions every time there is a correction. 🐍 skirt + Wei: 362014583 No Bullets will be held until BTC exceeds 100,000, and then they will consider exiting in batches and speculating in the band, and they will easily be thrown off the bus.
Finally, let’s talk about some promising “long-term 5-10 times” bargain hunting targets.
If you have ready stock, you can do it directly.
● SSV has a peak of 66 and is currently 48u. Recently, tvl has been growing very fast. I am very optimistic about its future development. As an important patron saint of the Ethereum network, the target is 500u!
● The highest point of ETHFI is 8.7. It is currently near 5u. Someone asked me if I didn’t get on the bus for 3 US dollars.
Can it be listed now? For this big bull coin, 10 times is the starting point. If the market value is low, then pledge to a new section and do it if there is a correction. Short-term 10U, long-term target 50u!
● ARKM has the highest point of 4u and is currently 2.5u. Invested by openai founder Altman, CB was launched last night. On April 11th, the CEO will attend the Paris Blockchain Conference. Ai has been dormant for some time. It is predicted that it will explode soon. Ai is the biggest in this bull market Narrative, long term bullish!
● sui held the global sui ecological conference on April 10th. A currency that has been repeatedly mentioned is, firstly, low valuation, secondly, the technical form is strongly bullish, and the long-term target is 20U!
