I know that many people will not buy Bitcoin, and they all think that its price is too high and they can't make much money.

But they have not considered one factor. That is the crazy period in the second half of the real bull market. Many people are reluctant to sell.

Prices come from supply and demand. Supply is selling, and demand is buying. If there is only buying and no selling, then very little money can also pull Bitcoin very high.

Will there be many people selling Bitcoin in this bull market? Judging from the current fluctuations, there are too few. In 2019, it fluctuated by 10% every week.

Now it fluctuates only once in half a year. It can be seen that many people really believe that Bitcoin can reach 1 million US dollars in the future. So I am sure that there are more people who are reluctant to sell, because these people know that if I sell it, I can't buy it back. If I sell it, it won't improve my life. Why should I sell it? I can't start a business with money. Why should I sell it? This bull market will become a stage of reluctance to sell Bitcoin.

In the previous bull market, people sold it no matter how good the slogans were, but once the bull market was over, they would still sell it.

These people used to have 1,000 bitcoins in their pockets, but now they have 100, 50, and 10. They are unwilling to sell the last 10. The willingness to buy must be greater than the willingness to sell. That's why the price has risen so much. It has just been halved, and the price is at the peak of the last bull market.

If you don't believe me, then believe the data.

At the peak of the bull market in 2017, the weekly trading volume was about 70,000 to 100,000. The weekly trading volume of the bull market in 2021 was about 360,000 to 500,000. The trading volume of the bull market in the second half of 2021 was about 250,000 to 330,000.

At the low point in early 2023, the weekly trading volume was about 1 million to 1.5 million. This is also when I told everyone to buy, buy, buy. This is because institutions are trying hard to eat up chips. Otherwise, where would such a large trading volume come from in the bear market.

In March and April 2024, the weekly trading volume was about 230,000 to 400,000.

Then the trading volume in the bull market of 2024 will double or triple. 720,000-1.5 million weekly trading volume. With such a large trading volume, so many people are reluctant to buy.

Will it be difficult for the price to go up? The upward force will be much greater than that of the bull market in 2021.

If you want to sell in the bull market, it depends on the relative trading volume. If the trading volume changes from the current 230,000-400,000 to 600,000, then to 700,000-1.5 million, and finally back to 700,000, then that is your chance to sell.You may not be able to sell at the highest point at this stage.

But this area is undoubtedly the delivery area you should go to.

When Bitcoin is over 150,000, there will definitely be a lot of news saying that Bitcoin will become the global settlement currency and the world's best investment product, and Bitcoin will definitely go to 300,000.

Everything else is fake. You only need to keep an eye on the trading volume. There are actually very few coins on the exchange, maybe less than 2 million.

Everyone is reluctant to sell, and they put them in their wallets when they buy them. When the purchase exceeds the supply, it is really not difficult for Bitcoin to rise several times.

At this time, you can start the daily fixed selling mode. But remember not to sell all, try to keep a 15-20% bottom position, I personally keep 30%.

Please believe that everything I said is wrong

I'm done, come on I'm Nanshen, an old leeks who sincerely wish you to get rich in the currency circle.