Three stages of the bull market

Phase 1: Bitcoin 15,400-70,000 USD Most people don’t make money in this stage, and even lose money. Only the big bitcoin rises, not the individual coins. Everyone gradually discovered that Bitcoin has been rising, while the cottage we hold has been falling, right? Typical violent shocks, the process of collecting chips, big investors are still frantically washing the market, BlackRock, Fidelity, and large institutions are still buying, who will sell? Pull up, smash the market, pull up, smash the market...

Phase 2: 70,000~90,000 USD, the big bitcoin just won’t fall below 60,000 USD, and there is a high probability of a callback of about 20%-30% when the cycle arrives. In the second stage, no one makes money, the big bitcoin falls, and the cottage falls more. Everyone is desperate again, and they sell their meat, and the main funds continue to pick up chips. At the same time, switch between high and low, and switch the high-selling in the first stage to the currency that continues to hit a new low.

Phase 3: 90,000~180,000 USD, the real main rising wave. Most coins can increase by more than ten times, or even dozens or hundreds of times, so the rhythm is not so cruel. There will be sharp drops in the middle, but in almost all cases, the upward trend, the center of gravity has obviously moved up, and the market will have a strong profit effect. It is also the time when we can make the most profit, because the main force has already eaten up the chips, and it is enough to just pull it up.