At present, the weekly pattern of Bitcoin is still continuing. Those who stick to it rely not on market support but on the belief in the halving cycle.

After the last round of the 3.12 plunge, the market was in a mess and all contract leverage was liquidated. Why is this so? Because after the 50% spike on March 12 blew up the bulls, many bears could not resist the temptation and turned to join the long leverage to buy the bottom. As a result, they encountered a 50% big spike on March 13, and the price of Bitcoin fell to $3,800. No matter how many times you have leverage, all will be liquidated, and no one will be spared.

The situation at that time was much worse than it is now. The altcoin fell to the dregs. In addition, countries have no experience in dealing with the new crown epidemic, and the government is at a loss. A large number of people die from the new crown every day around the world. Fear spreads and there is no hope.

However, who would have thought that just one year later, the price of Bitcoin would rise from $3,800 to $64,800, and many altcoins would rise dozens or even hundreds of times from their lowest point, and the worst ones would rise more than 10 times.

Of course, we can’t expect to be as spectacular as 21 years, but the drizzle at the beginning of this year is nothing compared to 21 years.

So, do you really think we have no hope? #Mt.Gox将启动偿还计划 #美国PCE数据将公布 #币安合约锦标赛