#今日市场观点

The index growth channel of BTC now looks more and more like the structure of 2016-2017, when the price would rise for a while, then consolidate, undergo a deep correction to shake out weak hands, and then consolidate again, before hitting a new high a few months later. After 4-5 instances, the upward trend began to accelerate. Back then, each correction was consistently around 30%-40%. If this round is a slow bull market, there will still be many more opportunities to get on board. The structure of 2019 doesn't seem to be working as well, as the timeframe has already exceeded that range, so the best strategy might still be to dollar-cost average or wait for an overdue correction to increase positions.