The current bull market unfolds in three phases:
In the first stage, the price of Bitcoin was between 30,000 and 70,000 US dollars, and most people made no profit or even lost money. The market fluctuated violently, with large investors washing their hands, institutions buying, and individual coins falling.
In the second stage, Bitcoin is between 70,000 and 90,000 US dollars, and does not fall below 60,000 US dollars. The market has corrected by about 30% and is still unprofitable. The main players continue to collect chips, and the market turns to lower-priced currencies.
In the final stage, Bitcoin is between 90,000 and 200,000 US dollars. The main rising wave is coming, most currencies have doubled in growth, the market trend is upward, the profit effect is significant, and it is the easiest period to make profits.
The market logic is that if you don't dare to buy, it will rise, and if you don't want to sell, it will fall. Investors need to wait patiently, pay attention to both technical and financial resources, and the market will eventually rise. Retail investors have the advantage of investing spare money without any assessment, they just need to wait for the opportunity.
