Bitcoin has fallen back to 60,000 US dollars four times, all of which are "baiting shorts"
Bitcoin's daily line has fallen back to 60,000 US dollars for the fourth time, and there is no obvious signal of shorts stopping the decline
Although it looks very dangerous, if you look closely: the shorts are not as strong as the previous three times
On the contrary, the three rises of the bulls have broken the previous highs, which is enough to show that after the market fell sharply on August 5, the bulls began to gradually recover
At present, Bitcoin is undoubtedly still fluctuating here. Although the price has not broken the previous high, the low point has fallen below 50,000 US dollars once, but it was quickly closed
On the whole, although the trend of Bitcoin Although it gives him a very dangerous feeling, but combined with the overall trend, Btc is still in a bull market
It's just that this year's bull market is very bumpy; it's hard to build confidence after three steps and two turns back
This year's copycat market is the most difficult to play. It basically belongs to a wave of market peaks. If you are a little greedy, the previous profits have been largely lost
I am bullish in 2024, but many people don't think so; because of the opinions of people around me, the price of Bitcoin continues to fall, and the fluctuations have not stopped falling for more than 6 months, copycats There is no improvement. These factors are facts in front of us, which makes people worry. This may be the main reason for the anxiety of a large part of people. Why don’t I have this anxiety? The main reason is one. People in my circle have the same views as me, and through our past experience and the trading system we have mastered, they all tell me: This market is very good. The longer the shock, the more the value of the currency will soar. Most people have only experienced a big bull market. The experience they have summarized is limited to the 2021 wave. They don’t know about the previous big bull market. In my circle, there are many people like me who have been in contact with the currency circle in 2017, and some people who have entered the circle in 2015. Everyone often communicates and analyzes, and they can definitely look at the market more objectively than those who have only experienced a bull market. Therefore, there are two parts of currency circle investment, one is offense and the other is defense. Finally, I will summarize it in one sentence: Don’t expect sudden good luck, just believe that hard work will eventually pay off. I hope that every one of you who works hard at the moment will have a natural future.
