Last week, the PMI data was released, showing that the United States was in an economic recession, which triggered Jiangxi sentiment, the US dollar index weakened, and gold and Bitcoin experienced a strong rise.
Last night, MicroStrategy once again added 29.3 million USD of Bitcoin, a true iron bull. It makes people dream back to 2021, when institutions add Bitcoin every once in a while. Because we are in a rebound market now, there will be more and more similar situations. When the market is good, there are good news everywhere.
From the perspective of Bitcoin cycles, 2022 corresponds to the 2018 bear market, 2023 corresponds to the 2019 recovery year, and 2024 corresponds to 2020-2021, the year of halving. Everything is so similar. The market needs a strong rebound bull market.
As long as you have confidence and faith in your heart, will you still care about the current fluctuations? No need to care. The secret of wealth is not in the K-line or in the technology, but in the control of the macro cycle and in the research of fundamentals.
If you spend too much energy on the K-line, you will definitely lose more than you gain. I have to admit that some people have great skills and can make money, but these are all valuable garbage. Don't be bound by valuable garbage.