币圈客

Brothers, can we exit the circle with this result? I don't want to suffer like this every day.

Will BTC experience a surge in March 2024?

The altcoin surprisingly does not follow the drop of BTC, this is indeed strange.

Cryptocurrency Circle - The World's Largest Currency Reservoir
I don't understand what the war in the Middle East has to do with the cryptocurrency circle. Since there is a war, there should be many refugees fleeing from the war country to other countries for refuge. At this time, digital currency is the most convenient. Is it Iran (oil is inexhaustible) or Israel (there are many technology industries) that is short of money? Who cares about taking a few melons and two dates from the cryptocurrency circle? How much money will be needed to hedge in the chaos in the Middle East? The US and Hong Kong ETFs have been approved, and Japan, South Korea, Europe... will follow suit (are you stupid if you don't make money?). How long can the United States withstand such high interest rates? Why do so many people and money rush into the cryptocurrency circle? This does not explain the problem. Capital and money will not lie. The cryptocurrency circle will surely surpass real estate, securities, and gold to become the largest capital reservoir. Because this is another great progress in human civilization and technology, the wheel of history is unstoppable.

There are two days left before the#BTChalving. Do you think the cryptocurrency market will skyrocket or plummet?

No matter how many negative news there are recently:
1. The scale of Hong Kong ETF is too small;
2. Israel and Iran are in war;
3. Grayscale is dumping stocks every day;
4. The Fed will not cut interest rates this year;
......
I only know that the total number of#BTCbought on each exchange is about 1,000 on average every day.

A computer used to check the cryptocurrency K-line and market conditions every day.

Exchange Bitcoin wallet balance
1 739 416.78

After the Black Friday crash on April 12, the price of coins fell by 50%-60% from the highest point to the lowest point. The Federal Reserve expects to cut or raise interest rates at most once in 2024, and the impending war in the Middle East has caused the US stock market and the cryptocurrency market to plummet. Is this the black swan event before the#BTChalving? Do you think there will be a bigger black swan event, or is the cryptocurrency market about to soar?

Exchange Bitcoin wallet balance
1 744 419.86

$ A thousand gold coins cannot buy a bull back

1. Has the bull market ended when Bitcoin reached $73,000?
In this round of bull market, the probability of ending at $73,000 is less than 5%, and the cost of getting off the train in the middle of the bull market is very high.

2. What kind of coins can be used for swing trading?
Small coins with high technology can be used for swing trading, but large coins do not need to be used for swing trading at all.

3. What are the short-term and medium-term trends of Bitcoin?
Short-term fluctuations, medium- and long-term upward trends.
Monthly line: The monthly line in March shows that both volume and price have increased significantly; this month also closed positive.

4. Will there be a huge plunge before the halving? What should I do if there is a plunge?
There is a high probability that there will be no plunge. If there is a plunge, you can buy Bitcoin below 35,000 again, which is a good thing.

5. Where is the short-term support for Bitcoin? Where do you need to entrust those who want to buy the bottom in the short term?
58000 is a greedy spot commission
61000 is a commission with a relatively high cost performance
63500 is a commission with a relatively high probability of buying
44000 US dollars, where you can add leverage (options or futures)

6. Where is the pressure point, where is the stop profit? How long does the market need to fluctuate before making a choice?
68000, 70000 and 73000 US dollars are all relatively high-pressure positions. The market will make a choice after the fluctuation until the end of April, and the probability of going up is relatively high.

7. In a bull market, how much drop is considered a normal drop?
In a bull market, a drop of 20%-30% is a normal and healthy drop. For example, this wave of Bitcoin fell from 73000 US dollars to 60000 US dollars, about 20%, which is a very simple drop. In extreme cases, a drop of 30% is still healthy, and a bull correction is worth a lot of money.

★★★Key points: personal opinions, not investment advice; investment is risky, and you need to be cautious when entering the industry.

In March, the cryptocurrency market hit a new high in this round of bull market, and then fell by more than 20%. Will it continue to fall or gradually climb higher?

Let me tell you a true story. In 2019, I wanted to learn about blockchain and Bitcoin, so I followed a streamer. I have been learning from him until today. He occasionally tells his own story. He entered the cryptocurrency industry around 2015. At that time, he mined and did various things. He had 1,000 BTC in his hands (the lowest price in 2015 was $171.51, and the highest price was $495.56). Later, he was very diligent and participated in various activities: being a streamer to share with members, airdropping, choosing 100x and 1,000x coins, buying high and selling low, participating in offline activities of the cryptocurrency circle, and signing up for various training courses. After two complete bull markets, his net worth was hard-earned to 150 BTC... It's unscientific and unreasonable, isn't it? After two complete bull-bear transitions, the number of BTC must increase. Although the net worth has increased a lot, the number of BTC has decreased. If it has been left untouched, the net worth is about 500 million. Why is it only tens of millions now? - This streamer often says: The number of BTC I hold will never exceed the number of BTC I hold when I first entered the cryptocurrency circle, unless there is a new track. Can you understand the reason?

In March,#DOGErose 96% from a low of 0.11697 to a high of 0.22897. For a currency in the top ten by market capitalization, this is already acceptable. Money is not that easy to make.

With such a high price, if we don’t kill each other, how can we become rich together?

Leek: Did the dealer smash the price?

🐶庄: It wasn’t the price.

Leek: Then what was it smashing?

🐶庄: It was the confidence of the leeks. Without confidence, they couldn’t hold on to the chips that could make them back, and finally threw them away.

Leek: The swing traders made money.

🐶庄: Let them have their fun first, in the end it’s all…hahahaha😃😃😃

Now all currencies are fluctuating slightly. Are they ready to soar or make a big correction?

If Musk announced that you could buy a Tesla car using #DOGE, you would use #DOGE买吗?

Taking the price of BTC in the past five years as the analysis object, we discuss how supply and demand affect its price trend.

Nothing more to say! See the picture