4.20
There has been no fluctuation in the past two days. Let me analyze the trend of Bitcoin again:
Historically, there is really no reference value for the trend before and after halving. The trend before and after each halving is different, but the only thing that can be engraved is that the market will experience a long period of violent fluctuations (monthly) before and after each halving. Only after this period of fluctuation will it be reduced to the so-called "halving bull".
From the perspective of the current cycle we are in, it has been fluctuating for a month. Many retail investors have also suffered a lot in this month's fluctuations, especially contract players, who have been killed by both long and short positions.
Yesterday, Bitcoin fell to 59,600 and then formed a V-reversal. It fell three times and technically looked at 50,000. However, considering all aspects, Tianjie believes that there will be no more large-scale corrections. Many cottages have fallen to the right place. You can find a suitable point to open a position. The best thing is to invest in Bitcoin.
Halving + interest rate cut is the engine of the bull market. Halving is coming as expected, and interest rate cut is postponed to the end of the year. Looking at the liquidation map, fuel is also sufficient. The price of Bitcoin is not only affected by these two factors, but also by market sentiment, miner flow, monetary policy, macroeconomics, etc.
Of course, the long-term bull market after halving is a consensus in the super cycle, and we must survive this routine torture!
