$BTC #BT#BitcoinCan the cryptocurrency market usher in a bull market?

1️⃣0️⃣A compilation of my thoughts on the market:

1. Bitcoin has returned to around 66K, and according to the regular chart below, there is usually 1-2 months of consolidation after the halving. Now I feel that the consolidation is almost done. The current weekly moving average is showing a bullish trend (it is on 10/30/60 every week) (on the 5th, there is only a small downward trend on the 5th), so the bullish trend is still in the medium and long term.

2. Many copycats have nothing to lose. They feel they are almost close to the bottom, but they still can’t bet on the bottom.

3. With the approval of ETF, money from outside the circle is preparing to flow in "now". There may be a wave of outflow funds coming in for fear of not being able to buy Bitcoin.

4. Personal plan: In this six months, only buy + try not to sell

5. At this time, the trend is similar to the pattern in the picture below. Then I will understand that "now" is the early stage of the bull market. At this time, I will continue to set regular quota + average cost in mainstream currencies.

6. U.S. Presidential Election Market: In the second half of July to November, there is a 90% chance of an upward trend.

7. The "Ethereum/Bitcoin exchange rate" market is currently becoming an airdrop trend, which also means that the altcoin season is not coming so soon.

8. At present, Bitcoin needs to rise first before it is the turn of altcoins. I will not put too many assets in "non-mainstream coins"

9. Value coins will definitely rise, please plan well.

10. Use the new rather than the old, especially for meme coins that have been online for more than a year. The story/narrative has almost been reflected, and it is easy to become a trap.

The above are not investment suggestions, welcome to discuss together $ETH $BNB