⚡️This step is not easy. Bitcoin has been fluctuating for half a year, and it is very dazed, but it is finally going to the other side of the river——
The average price I bought in the past six months: 56570
Current profit of this part: 25%
Yes, you can see that there are many reasons for each rise, just like when it falls, you will find many negatives:
For example:
Market liquidity and policy expectations are coming:
Trump's election expectations are coming:
Bitcoin's MACD forms a low golden cross:
Institutional investment and ETF affect liquidity expectations:
Market sentiment and demand expectations are good:
Futures market affects manipulation:
Macro environment expectations are coming:
Technical analysis, policy expectations, political events, and institutional investment trends, the reasons look very reasonable!
My biggest experience after experiencing so many bull and bear markets is:
Confidence determines everything, the market is determined by market sentiment, and market sentiment is the easiest to guide and drive;
Do you think the market is driven by retail investors?
It went up because it had to go up, because this bull market deserves to go up, sooner or later, this is his ultimate reason,
Your understanding of this reason is ten thousand times more important than understanding the messy analysis above!
I really like @Svwang1's golden sentence - many times the price changes have nothing to do with the fundamentals, it's just that idiots are buying or selling.
Why bother to care about what idiots think, you have to think clearly about what you think and what your strategy is, so that you can achieve great talent!
Confucius said: The benevolent have no worries, the wise are not confused, and the brave are not afraid!