The trend of the currency circle in 2024: Bitcoin bull market and fluctuations before halving
Recently, the price of Bitcoin has fluctuated, which has attracted market attention to the trend of the currency circle in 2024. Especially before the Bitcoin halving, whether the market will plummet and whether there is still a chance to get on board has become the focus of investors' attention.
Yesterday, Bitcoin fell below the support level of $40,000, with the lowest price hitting $38,500. In this context, many people began to look forward to a sharp decline, hoping to take this opportunity to buy the bottom. However, the final daily closing closed at a "heavy volume hammer line", which indicates that the current market is less likely to fall further.
No one can accurately predict future trends. However, what is certain is that market changes are the norm, and the only constant is change itself. Although history provides a reference, it cannot simply be applied to future trends. The market environment and background in 2020 are different from those in 2024, so past experience cannot be simply applied to the future market.
In investing, the most important thing is to master a complete trading system, which can help us make long-term and stable profits. In this process, we need to continue to learn, improve, and improve our cognitive level. Only in this way can we seize opportunities in the long-term development of the currency circle and realize the appreciation of wealth.
In general, investment is a long-term process that requires us to face market fluctuations with a rational and calm attitude. In investing in the currency circle, you need to continuously learn and improve your cognitive level to better grasp market trends and opportunities. I hope my sharing can inspire and help you!
