What fails the bull market is not the market, but the opportunity. The big bull market happens once every four years. If you miss it, you will have to wait for another four years. How should you live in these four years? These are things we have to consider. How many people can continue to persist for four years without getting results? The general trend of BTC is that it has entered a bull market, but the bull market will not always rise and will experience many twists and turns, which gives short-term traders opportunities.
Bitcoin has experienced a wave of rise, reaching a maximum of 62,000 US dollars. However, judging from the K-line trend, the bulls are now starting to lose strength. The basis is as follows:
1. The real body of the K line starts to become smaller from the long real body.
2. In terms of price, the range of breaking the previous high is getting smaller and smaller.
3. The price continues to break the previous high, but the volume of bulls is shrinking, forming a divergence between volume and price.
4. The K-line at four o'clock this morning showed a harami pattern, which means that the market has entered a shock.
5. The small K-line closed in the last four hours. The price did not break the low of the previous four-hour bar, and the real body was shorter than the previous four-hour bar. The volume was not increased, indicating that the short-selling power was not strong.
From the above clues, it can be judged that the bulls in Bitcoin are beginning to be weak, but the strength of the shorts is not strong. Although it is currently oscillating, the low point of the shock zone has not yet come out, so the shock zone cannot be drawn yet.
Although Bitcoin has entered a turmoil, judging from the current trend, there is no sign of falling in the short term, so this position cannot be shorted.
If Bitcoin enters a turmoil, other currencies may experience a surge, especially those that are currently in hot spots.
March 13th is the time for the upgrade in Cancun, and there should be a wave of market conditions in the second-tier network next. It is impossible for the market to keep rising, and BTC will not directly break through the highest point of the last bull market of US$69,000. It is still early, and it needs to accumulate strength before rising again.
The currency circle’s 2024 bull market is approaching 50% progress. How to seize the opportunities in the second half!
BTC will be frequently searched on the website in 2024, and the “scam” that it once was has become out of reach.
It’s a good thing for people in the currency circle, but it’s also a bad thing
The good thing is: Since the bull market, the fourth wave of bull market in the currency circle that everyone has been looking forward to has been unstoppable.
The long-awaited feast of wealth has finally arrived, and the opportunity for everyone to change their lives against the odds has also arrived.
The bad thing is: behind the big opportunities there are many invisible risks
As large institutions enter the market and their popularity increases, more stringent supervision will follow.
These two points are enough to change the overall trend of the currency circle, because large institutions bring not only huge amounts of funds, but also brand-new trading techniques.
Therefore, in 2024, you must have a clear direction of operation and firm goals. Only by believing 100% and being down-to-earth can you catch the wealth train of the fourth wave of the bull market in the currency circle and reach the end.
Then you should think carefully about the market situation that has not yet happened in the future, and how to deploy your own funds? Which currency to buy is the most important step in investment, and it is also the step that determines success or failure; if you do it right, you will have smooth sailing, but if you do it wrong, you will never recover.
The first half is dominated by the story line of BTC, and the second half is dominated by ETH. From the trend, anyone who knows technology can see that the strong period of ETH has just begun after entering 2024, so all the focus should be Focus on the ETH series, because this is the key to the implementation of blockchain applications. Only by popularizing blockchain technology around the world will the currency circle have a future. This is in line with the laws of heaven. All technologies ultimately serve people. This is also the key to why Mr. Buffett was not optimistic about it before, but now it is starting to change.
AI has exploded recently. If you want to truly realize its value, you must rely on blockchain technology as a support. There will be more applications in the future, and AI is just one of them. What we have seen It's just the tip of the iceberg. Just like the Internet era, all the power was born from all kinds of abuse and slander, so take the currency circle seriously. Spend some time and energy to study, the wealth opportunities in the next 10-20 years will definitely be in the currency circle.
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