In fact, there are many good coins in the cryptocurrency circle, but our energy is limited, so it is enough to focus on 1~2.
Bitcoin is something that must be paid attention to. It is a weather vane, a strength index, and the direction of the currency circle.
Many novice cryptocurrency traders always pay attention to many coins. Today they buy local coins, tomorrow they get inscriptions, and the day after tomorrow they put them on the chain. In the end, they don’t make any money. It seems that they have participated in everything and know everything, but they just don’t make any money. This is the current situation of 80% of people in the cryptocurrency circle. Be alert and wake up...
First, let’s talk about Bitcoin. I haven’t updated the article recently due to some family matters, but Bitcoin is indeed operating according to the previous ideas. It started to fall when it approached 70,000, and the target is getting closer to 50,000 again. There is no problem with the overall idea and direction, so let’s talk about the next step.
Does the Bitcoin bull market still exist? I can only tell you that the current highest point of 68,000 will definitely be broken, and it will not exceed 2 months at most.
Then the subsequent decline will not be too long, and once a sharp drop occurs, the retracement is completed. Let me repeat this sentence again, once a sharp drop occurs, the retracement is completed.
Then the general trend is rising, which cannot be refuted. This wave of rise will definitely break 70,000. As for how high it will grow to, I don’t know, but the direction is upward…
The current hot spot is that MEME is at the center of the vortex. This has been clearly seen in the Telegram group and Twitter. It just lacks a fuse and a market support. At this time, entering the market at a low point and buying the bottom of the spot is what we should do.
PEPE BOME and the old brand dog...are all good targets.
Remember the current price, remember the current K-line trend...
Two months from now, you'll thank yourself.
Of course, there are other better currencies, and you can focus on them, but not too many, two will be enough. Our energy is limited, and the time to watch the market every day is limited. At least you should close your eyes, and all its K-line trends are in your mind, and even the trading volume is deep in your memory. Only in this way can you be calm and do T high selling and low buying every time you enter and leave the factory.
The article is not so grand and elegant, it should be simpler and more straightforward.
It is to tell everyone that the Bitcoin recovery is coming to an end. This bull market has just begun, and spot prices can already be bought at a low price...
As for the contract, watching the market is a must, and volume analysis is also a must. A good entry position is waiting, and you must learn to wait with empty positions...
In short, don't open a short order at the current position. Don't go short. The market may reverse at any time, and there will be a sharp drop. When the lower shadow line appears, it is time for us to enter the market.