I mentioned just the day before yesterday about following up on victories; let's break 80 this month. But I didn't expect it to happen so quickly; the bulls are really strong, and even the weekend isn’t quiet. Overnight BTC surged ahead, rising aggressively, strongly breaking through the 80k mark. By this morning, it has already reached 81,000! In just six days from the 5th to the 11th, it rose a full 10,000 from 70,000 to 80,000. Even the dullest person should realize that the breakout is really here.
The long-awaited overtime market has arrived; the main rising wave is here.
After Bitcoin continuously breaks historical highs, the bears believe it should correct. Many people joined the bear camp at the 76k and 77k positions, but undoubtedly, they were fooled again, getting slapped in the face by the market manipulators. Brothers, never think you can figure out the tricks of the manipulators. If the ETF continues to flow in according to this trend, and after the wise king rises, he can fulfill his promises regarding Bitcoin, then hitting six digits by early next year is absolutely not a problem.
Today's market analysis: From the K-line perspective, BTC is on the rise at the one-hour level, the four-hour level is rising, and the twelve-hour and daily levels are rising. The intra-day resistance is at 83,000, and the support is at 78,800 USD.
When BTC's market suddenly skyrockets, people can be petrified and unable to get on board (understand).
First, congratulations to those who still hold on! The rhythm of the bull market, Bitcoin taking the lead and rising crazily, the first tier of mainstream coins following strongly, the altcoins going wild. The end is near; the third tier of altcoins is going crazy. Coins that were unheard of before are now skyrocketing several times a day and have been drained off the chain.
MERL, which I mentioned before, started to gain volume today. The MERL trend and accumulation structure are both very good. Now, regardless of whether it’s a value coin, a junk coin, a yacht coin, or a scam coin, as long as the manipulators are accumulating and pushing up, they are quality coins.
Opportunities are always reserved for those who are prepared. But too many people do not understand this piece of wisdom in life. They do not know how to prepare in advance, are unwilling to prepare ahead of time, and look down on those who do. In the end, when a sudden surge happens, they are already too late to prepare.
Now those who talk about the big picture are just talking nonsense.
Regarding the future market, I am still very confident. Whether it's Bitcoin, Ethereum, or altcoins, there are great opportunities. I bought TRB near 56-57, and yesterday it peaked around 110, nearly doubling. I called for selling in the group; did you follow through? Today it has pulled back to around 85. If you didn’t sell, it means your profits will be given back.
I entered BB again at 0.26-0.27, and in the morning around 3.6, that’s nearly a 40-point gain. I also shouted it out; I provided both the entry and exit positions, you just need to follow it.
WIF is also something we've been promoting; you can check my previous blog posts. I started making several waves around 1.7.
There’s also Bitcoin bought at the bottom in the range of 66,500-69,000, and just following along, you could earn easily.
Warren Buffett said: he wasn't optimistic about Tesla, and then Tesla skyrocketed dozens of times. He wasn't optimistic about Bitcoin, and Bitcoin increased by how many thousands of times.
Was Buffett wrong? From his own perspective, he was not wrong; he doesn’t participate in what he doesn’t understand. From an observer's perspective, he may have judged incorrectly. Therefore, the correctness of an investment viewpoint itself is not important; what matters is that he earns money he understands from his investments.
We often say that investment requires a framework of thinking; this framework is like a house. Some say it’s an information cocoon, others say it’s a frog at the bottom of the well. In my view, this framework is a set of filters that allows you to say no to 90% of things in 10 seconds, greatly saving the time spent selecting coins.
Just because I didn't think highly of certain coins at the beginning of this bull market doesn’t mean they won’t rise; of course, that’s impossible. But just because you think a coin will rise doesn't mean it definitely will either.
So after saying all this, investment is a personal matter; is right or wrong important? Is others' opinions important? Getting results is what matters most.
