In the current market, the price of Bitcoin fluctuates within a significant range, with an amplitude of up and down around 60,000. As the halving cycle quietly passes 110 days and nights, the market is entering a subtle countdown. There are still about 390 days until the theoretical peak of the bull market. journey.
Following the "five-hundred-day cycle law" widely circulated in the crypto community, we foresee that the first wave of major rising waves may hit the golden autumn of October this year, followed by another wave of spring in April of the following year, and finally In October of the next autumn, this cycle will come to a glorious end.
The copycat market, based on its unique seasonal indicators, indicates a key node in the 18-month cycle - June, when it is brewing to gain momentum from the waterfall-like trough. Since March, Bitcoin has been based on 60,000, and has established a sideways pattern that has lasted for five months. This rare "eternal sideways" phenomenon is both confusing and full of expectations. The bad news failed to shake its foundation, and the positive factors failed to make it soar. This lasting balance makes people look for the light of hope amidst anxiety.
On the global financial map, Japan’s interest rate cut is the bellwether, the shadow of the financial crisis, Russia’s formal recognition of mining, innovative breakthroughs in the European and American ETF markets, strategic adjustments in the German market, the dust settles of the Mentougou incident, and the possible implementation of the Federal Reserve in September The interest rate cut policies are all a prelude to the highlights of the cryptocurrency world. After three years of long waiting, the pulse of the market seems to be gradually converging into an unstoppable force, indicating that that exciting moment is coming.
At this moment, we stand at a turning point in history, not only waiting for the start of a market feast, but also witnessing the dawn of a new era. Let us welcome this upcoming cryptocurrency drama with a more professional perspective and affectionately, and look forward to seeing how those high-quality leading coins will lead the trend and shine brightly.
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