Bitcoin Never Falls
Recently, BTC (Bitcoin) has been pushed down by the 30-day moving average and can't lift its head. It has been almost 2 months since mid-March, and some people who entered the market at high positions are almost exhausted. Both the US ETF and the Hong Kong ETF have turned into net outflows due to the sluggish market, showing the paper hands of retail investors.
After the previous halvings, strategic buyers had about 2-3 months to increase their positions on dips. After 2 or 3 months, the starter will pull the trigger.
The figure below is a trend chart 60 days after the halving day of each halving.
Some people may think that this time is different. Especially those who sing shorts, they try their best to deny the rhyme of history.
History always surprises people. When you are eager for history to repeat itself, it doesn't play by the rules. When you think this time is different, it has to rhyme.
The cooling-off period after the halving is essential. One is to reduce the previous overheating and reduce the burden, and the other is to conserve energy for the future takeoff.
What does burden reduction mean? It means to implement a comprehensive crackdown on copycats, local dogs, memes, and NFTs. Before the bull market, they are all burdens for the bull market to take off. In the bull market, they are all killers of overdrawn bull markets.
It is difficult to fight against gravity. You must work very hard, and you may not be able to do it. Copycats, local dogs, memes, NFTs, and so on, since their birth, their fate is to be captured by gravity and fall infinitely.
In the thrilling journey through the bull and bear markets, countless people have died in plane crashes.
The project launched with high potential energy is the glider. The opening is the peak. From then on, there is only one direction for the rest of your life, that is, downward.
Hayden Adams, founder of Uniswap, said: "Crypto project founders and venture capitalists need to stop valuing early, developing, pre-token issuance projects at more than $1 billion until they make money. Creating a project worth 7-9 figures is a great achievement, and not all projects need to be unicorns when they are launched."
When selling tokens, which project party does not promote their own projects in order to buy a good price?
The higher you blow, the greater the potential energy, and when you fall down, the stronger the kinetic energy is, and the worse you fall when you land.
Bitcoin starts with zero potential energy, takes off from the ground, flies higher and higher, and soars into the sky."Good winds help me soar to the sky."
Bitcoin will never fall.
It is not Bitcoin that overcomes gravity. Bitcoin is gravity. It is not Bitcoin that is taking off, but the US dollar that is falling.
Bitcoin will never fall.
All potential energy is essentially debt. The only difference is whether the debt needs to be repaid and who will bear the cost. The US dollar is a clear debt credit. Jiaoliuqun+V: 2758624303 Bitcoin is not issued based on any debt, and the Bitcoin system has no balance sheet, so Bitcoin will never go bankrupt
Bitcoin will never fall.
From the perspective of Bitcoin standard, Bitcoin has always been there, 1 BTC = 1 BTC. Down to earth. #BTC
