Bitcoin breaks through $71,000 for the fifth time. Will June be the beginning of a violent bull market?
Bitcoin has once again become the focus of the market because it is ready to break the previous high again.
This time, the momentum is no less than the strong rise in March, because it has accumulated power for 80 days.
Although many people think that it will bottom out again in April and May, or even plummet to below 50,000, I think I have become discouraged today.
The new high is a very critical psychological price for retail investors, but it is not the pressure point of Bitcoin, because it is called a pie, which is destined to be eaten by a small number of people.
Ordinary people think that it is difficult to achieve, but pie will break their cognition and reach an incredible new height.
This is also the fundamental reason why institutions recognize Bitcoin, because the indestructible cockroach will eventually become the king, especially Bitcoin is still so valuable.
Of course, you can not recognize Bitcoin, but you have to admit its value. As long as there is a large enough consensus, the value is large enough.
So, don't think too complicated. Most people come to the currency circle to make money. It is more practical to master the method than to delve into these fundamentals.
The current market is gradually accelerating, and the outbreak of copycats The frequency is also increasing, which shows that the big wave of the trend is coming. Those who operate against the trend can only be happy for a while; because the decline is always short-lived, and the upward shock is the main theme. In 2024, the trend of 2023 is still being repeated. At least the market from March to June is a perfect replica, first a sharp rise, then a sharp fall, and then an upward shock. Most of them have lost their patience over time. Because there has been no income for several months, or even losses, they will try desperately, either cutting their meat and playing short-term, or doing contracts. This kind of operation accelerates the speed of losing money. I wanted to play a little and make some money, but I ended up putting all my capital in. Therefore, before investing, make a plan, clarify the direction, formulate a good strategy and strictly implement it, otherwise you will lose money if you change your investment strategy at will. Friends who have been reading my articles know that I will write corresponding articles every time there is a key turning point in the market. Because what I talk about the most is timing; only by knowing how to grasp the time can you make a lot of money in the currency circle. I have not analyzed the market and currency trends for a long time, because as long as you systematically learn the technology, these are easy to master.What is really difficult is to grasp the opportunity, do what to do at what stage, and follow the general trend, so that assets will grow exponentially.
Short-term trading every day can only satisfy the excitement, but cannot solve the long-term empty pocket situation.
So, put the focus on the right place, the core of making big money is: the general trend.
It is also what I often say: buy at the moment before the trend starts, and sell one second before the trend turns.
From 2023 to 2024, the article mentioned 3 opportunities to change positions. Combined with the market, they are all very critical nodes.
At these nodes, if you do it right, it can at least help you resist more than 70% of the market risks.
It is also a value I can provide to everyone. Once the position is adjusted correctly, the income will be earth-shaking.
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