Bitcoin has returned to $60,000. Where should it go next?
A look at the overall situation determines the bull and bear market and the stages;
Through the Qianlong strategy, we can draw a conclusion from the clues of the market trend: Bitcoin belongs to the bull market.
Technical analysis determines the current trend of Bitcoin.
Then let's take a look at the policy, fundamentals and capital aspects today.
Policy: The issuance of Bitcoin spot ETFs has been approved in succession, which is a long-term positive.
Fundamentals: The fourth halving of Bitcoin is a long-term positive for the start of this bull market.
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Capital: The interest rate meeting of the Federal Reserve at 2 a.m. on the 19th, whether it is a 25 basis point or 50 basis point reduction, indicates the beginning of this round of monetary easing cycle.
The duck knows first when the spring river water is warm, especially the financial industry, which is the first of all industries. Long-term positive is also the capital condition for promoting the bull market in the currency circle.
Once the trend and cycle are formed, they will not be easily reversed. The cathode is born, and this is a law that will not be transferred by personal will.
Only with accumulation can we achieve success. In this circle, if we can hold back, we will stand out, but if we can't, we will be eliminated.
Instead of listening to news and speculating in cryptocurrencies every day, it is better to focus more on improving our own cognition and ability.
No matter what the situation is, ability is our only capital to stand!
The pace of the next bull market will be getting closer and closer, and the real test has just begun.
