Since Bitcoin broke through the historical high of $73,666 on March 14, it has been fluctuating widely until now, and the fluctuation has lasted for seven months.
This trend is rare in the past bull market, and it has gradually proved that this bull market is a slow bull trend.
At the end of last year, it was analyzed that if it is a slow bull trend, it will be more unfriendly to retail investors.
Why do you think so?
The bull market in the currency circle has always had rotations between sectors, and for the slow bull, such a large rotation between sectors will be more professional and accurate for retail investors to screen targets and identify the bottom of individual coins and the top of the top.
For retail investors, the difficulty of the test has increased sharply. Don't expect what a bull market is, and all coins will rise sharply.
Just like this bull market so far, the news about 100x and 1,000x coins in the market has basically disappeared.
If you don't have the professional ability to screen high-quality value coins, then you may miss the subsequent rising market. In the bull market, there are many coins with little room for growth, or even no growth, or coins that follow the decline but not the rise.
For Bitcoin, the weathervane of the currency circle, the current sideways trading is just for a better rise and to accumulate strength.
How long the horizontal is, how high the vertical is, breaking the historical high is just the beginning.
What we need to do now is to compete with patience and firm confidence and faith. (The premise is that the currency we have now is high-quality, valuable, and potential)
Then everything is ready, and as long as the East comes, it can rise with the trend.
