In what crazy and cool way will the bull market come?
Looking back at history, the 94 incident in 2017 was like a bloody sword, splitting the door to the violent bull market; the 312 liquidity crisis in 2020 paved the way for the bull market; and then the 512 Bitcoin cut in half in 2021, the bull market still stood firm. The law behind this, Bitcoin, which has risen every four years, is like a curse that has never been violated. The root of this curse is the halving - the annual output has dropped sharply, and the cost of mining coins for miners has soared. The pull-up is not only to relieve the pressure on miners, but also to attract those retail investors who are still hesitating.
The bull market always comes quietly when you are caught off guard. When you are still hesitating whether to get on the bus, it has quietly climbed halfway up the mountain. You think to wait for it to turn back and eat grass before getting on the bus, but this bull is so energetic that it doesn't need any supplies at all, and it runs all the way.
At this time, you can no longer hold back and plunge in, and the results are often disappointing. And when you are ready to retreat, the bull market seems to have taken a nap, making you unpredictable. The bull market often appears when most people feel that the market is hopeless. The market is slow and only fluctuates by a few points, which makes people lose patience. But just when people are about to give up, the bull market comes quietly.
The emergence of the bull market is the result of the combined efforts of capital and market sentiment. The external cause is that the market is well funded and smart money begins to flow in; the internal cause is that most people feel desperate and feel that the market is no longer worth loving. When these two forces combine, they will form an unstoppable torrent that pushes the market upward.
So, how to judge that the bull market has arrived? Simple, look at these signs: Bitcoin and Ethereum prices both surpass the previous bull market; the daily K-line price deviates from the 60-day moving average by more than 30%; the moving average is dispersed, indicating that the chips are beginning to disperse; the exchange activities are frequent, and the project party takes the opportunity to issue coins; the circle of friends and group chats show off the income, and the myth of getting rich is flying all over the sky; the market value of Bitcoin has dropped to about 30%; the turnover rate of trading volume has soared; the Ethereum Foundation has begun to sell coins; there are constant good news in the market, and stories one after another.
Finally, let me tell you that your belief in Bitcoin depends on whether you can make money in the cryptocurrency world. I hope you can deeply understand this sentence.After a cycle, read this article again and you will find that what is said here is the truth of real money!
