In recent years, I have always had a question: I have seen many technical line-drawing people on Twitter and Weibo, and they are really accurate in determining the ups and downs. I feel that if I follow their accuracy, 10,000 U can become 1 million U in less than 3 months, no problem.
So, my question is: Is this true? Are they all financially free? From this perspective, as long as you have strong skills, everyone in the crypto market is a billionaire?
Quick review of $BTC market on January 24: 1️⃣ Yesterday, Bitcoin once fell to 38,500. I saw that many bloggers began to bet on 35K, 32K, and below 30K. When it was 48,000, few saw 38,000. It is important to stick to your own strategy; 2️⃣ It is a small rebound now. If it is good, it can see 42,000. If it continues to fall later, it will be difficult to fall below 35,000 in the short term. There may be a complex and volatile market for 1-2 months; 3️⃣ With this year’s election and the expectation of an economic downturn, the Federal Reserve will inevitably cut interest rates, which is good for Bitcoin. However, the US stock market is at a high level. If there is a plunge, it will be another thunder; 4️⃣ Let me talk about my own strategy, spot currency holding + spot grid, I only bought a small part of Bitcoin this year, I bought#memecoinwith reference to the decline of Bitcoin, and sold at the right time;
January 23 #crypto Quick market review There are 83 days until Bitcoin halving! 1️⃣ As predicted one month ago, $BTC fell below 40,000, but the US stock market did not fall, so it is not expected to fall too much, 36K-38K is about the same; 2️⃣ There may be a small rebound in the short term. Based on the fact that FTX has sold $1 billion of Grayscale Bitcoin ETF, it is also not recommended to go long in the contract; 3️⃣ The trading logic of BTC is that assets with high correlation to the US stock index coexist with risky assets, so if the US stock market has a major correction, Bitcoin will not be immune, and 36K may not be the lowest point this year;
New week, January 22nd #crypto Quick market review:
1️⃣ The halving is getting closer, but the main force of $BTC seems to be still waiting and watching. Let’s pay attention to Grayscale’s selling data. It seems that when Grayscale’s sales are almost the same, funds will have the motivation to speculate;
2️⃣ The meme currency has experienced a bigger correction. Currently, the position is losing money. The meme currency fluctuates greatly, so it is not suitable for adding leverage;
3️⃣ The most promising meme coins this year: $DOGE $ORDI I will buy on dips and expect the high prices to be shared in the future;
GM! 1.21 $BTC market quick review🤑🤑 Bitcoin is currently at a critical position, will it fluctuate or fall? There will be answers next week. 1️⃣ Shock: 40k-44k, will last until February; 2️⃣ Fall: If it falls below 40K, it will go to 38K and 36K to find support; Conclusion: Don’t go long on the contract.
1️⃣ Bitcoin is 48K away from this round’s high and has dropped by 8,000 US dollars. There are two main reasons: first, Grayscale sells 10,000 BTC at the opening of each trading day, triggering panic, and large players on the chain also sell; second, macro The interest rate cut is expected to be postponed, the US dollar is strengthening, and funds are waiting to see;
2️⃣ At present, I still maintain my previous view of 38k-43k shock. Being bullish in 2024 does not mean that the midfield will not plummet. This year, it is possible to reach 32k-35k;
3️⃣ In the long run, Bitcoin is still a good way to store value. It cannot replace gold, but it can be used as a supplement. When it reaches a certain high level, the volatility of Bitcoin will become smaller and smaller, becoming a hard currency;
1.19 #crypto Quick market review, 93 days until Bitcoin halving🤑🤑
1️⃣ $BTC fell back to 40,000, Grayscale continued to sell GBTC, and continued to look forward to seeing a big pie starting with 3, 38k-43k, and it is estimated that it will fluctuate for 2 months;
2️⃣ I see many big Vs think that 43K-38K is 5,000 dollars, so don’t worry about this price difference. For those who only buy Bitcoin spot, fixed investment is the best strategy. Just start buying every day now;
3️⃣ $BTC and $ETH have a correction of 1%, and other currencies, especially memecoin, may fall by 20% or even 50%. As a meme player, paying attention to the short-term market trend is also a necessary skill;
1️⃣ Old and American data exceeded expectations, and the probability of an interest rate cut in March dropped to 50%. Grayscale continues to sell GBTC, and $BTC is likely to maintain a volatile correction;
2️⃣ If the price of Bitcoin remains around 40,000 and Grayscale’s selling pressure is absorbed, the negative will turn into positive, and a plunge in the market is unlikely;
3️⃣ Optimistically, it fluctuates between 38K and 43K and trades sideways for 2 months. Time is exchanged for space. During this period, altcoins in various sectors will have the opportunity to speculate on the market;
1️⃣ When the US stock market opened last night, Grayscale hit 9,000 $BTC , but the price soon pulled back to 43,000. There seems to be an upward trend. We will wait until it reaches the 30-day line; 2️⃣ $ETH The copycat season is here. I bought ox yesterday and it rose 25%. I didn’t buy zuzalu when it was 0.045 and it rose 6 times in one day🤑🤑 3️⃣#Memecoins It seems that you have to get in the car first and then study it after being covered 😂
1.16 #Crypto Quick market review: 1️⃣$BTC is about to be halved in about 100 days. The agency predicts that the mining cost price will be US$37,800 after the halving. However, there will not be a direct bullish trend after the halving, and it may even fall; 2️⃣If it is predicted that the high point of $BTC in this round of bull market is 12W-15W, with a 3-4 times increase, $ETH is estimated to have a 5-6 times increase; the bull market is weaker than the previous one, but there is no problem in outperforming traditional assets. ; 3️⃣ The current price rebound is weak, non-farm payrolls and#CPIare not conducive to interest rate cuts, a sharp correction is an opportunity, and hoarding coins on dips is the best strategy;
1.15 #crypto Quick market review: 1️⃣ $BTC continued to trade sideways after falling below the 30-day moving average this time. $ETH made up for the increase but did not pull up BTC. I reiterate that the prefix 3 is definitely coming, 38K or 36K, wait and see; 2️⃣Grayscale sale #GBTC was redeemed by the person who held it a few years ago, and the market maker must sell the share, so the currency selling will continue until GBTC is almost sold, and it is estimated that $BTC will bottom out in the short term.