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🔹Reviews of Cognitive Society
On May 6, Bitcoin fell back to the lowest point of 63,300, which coincided with the support level of 63,000 in the article of Cognitive Society yesterday.
On May 5, Bitcoin fell back to the lowest point of 62,800, which coincided with the support level of 62,500 in the article of Cognitive Society yesterday.
On May 4, Bitcoin surged to 64,600, which is perfectly consistent with the pressure point of 64,600 in the Cognition Society article yesterday.
Bitcoin was sprinting towards 65,500, but the sudden news of war caused Bitcoin to plummet.
Many people find it very strange that during the bull market in 2017 and 2020, Bitcoin skyrocketed every time there was a war, but now Bitcoin plummets every time there is a war?

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🔹Reviews of Cognitive Society
On April 25, the lowest point of Bitcoin at 62,700 was far from the support level of 61,000 in the article.
Bitcoin 67,000 is the highest point of this rebound, which is in line with expectations, because before the rebound, Cognition Society reminded that it is unlikely that Bitcoin will stabilize at 66,800 at once, because the incremental funds of the US Bitcoin spot ETF are slowly weakening, and the significance of Hong Kong spot ETF is greater than the actual inflow of funds. The mainland does not allow the purchase of Hong Kong Bitcoin and Ethereum spot ETF funds.

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🔹Reviews of Cognitive Society
On April 23, Bitcoin rebounded to a high of 67,200, close to the pressure level of 66,800 in the cognitive article
On April 22, Bitcoin rebounded to a high of 66,500, which coincided with the pressure point of 66,800 in the Cognitive Society article.
On April 21, Bitcoin rebounded to a high of 65,600, which coincided with the pressure point of 66,800 in the Cognitive Society article.
Bitcoin is at 66800, and Ethereum is also leading the charge to 3260. If Bitcoin can reach 72000, the altcoin should have a stronger rebound, after all, the decline of the altcoin in this round is too deep.

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🔹Reviews of Cognitive Society
On April 22, Bitcoin rebounded to a high of 66,500, which coincided with the pressure point of 66,800 in the Cognitive Society article.
On April 21, Bitcoin rebounded to a high of 65,600, which coincided with the pressure point of 66,800 in the Cognitive Society article.
Bitcoin rebounded slightly by 2 points, and NEAR ops in the altcoin market continued to work hard. Most of them were still fluctuating sideways. The market was waiting for a new short-term direction because everyone saw the critical point of Bitcoin at 66,800.
If Bitcoin can break through 66,800 and sprint to 72,000 to form the fourth daily top sprint, the altcoin should also be able to rise with it. After all, this wave of altcoins fell too deep and too much.

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🔹Reviews of Cognitive Society
On April 18, Bitcoin fell back to the lowest point of 58,000, which coincided with the support level of 58,000 in the article of Cognitive Society yesterday.
On April 17, Bitcoin rebounded to 64,400 and then fell back, which is consistent with the pressure point of 64,000 in the article of Cognition Society yesterday.
Yesterday, Cognition News reminded: Bitcoin rebounded at lower and lower highs, and the market risk has not been released. On April 18, Bitcoin hit a new low of 59,600 as expected. Fortunately, Ethereum and Shanzhai did not hit a new low.
The pressure point of Bitcoin rebound is 64500-66800. Cognition Society believes that there is no good news. Bitcoin may not be able to stabilize at 66800 in the short term. Because Bitcoin spot ETF has been flowing out in recent days, few retail investors will buy Bitcoin at the bottom. Most institutions go for Bitcoin spot ETF, which is easy to transfer accounts and legal.

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🔹Reviews of Cognitive Society
On April 15, Bitcoin fell back to 61,500 and was close to the support level of 61,000 in the article of Cognitive Society.
Bitcoin held 58,300, and the decline of the altcoin was very limited. Yesterday, the article of Cognition Society made it clear that the strong rebound on April 15 was a rebound, not a reversal. On April 16, the altcoin hourly level bottomed out again.
Ethereum is the depth benchmark of the altcoins. If Ethereum does not break 2800, the decline of the altcoins will be limited.
Bitcoin's daily and weekly charts are weakening, and the apparent strong rebound hides the continuous decline of the rebound high.

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🔹Reviews of Cognitive Society
On April 15, Bitcoin fell back to 62,500 and then soared to 66,800.
The reason for the strong rebound of Bitcoin and Ethereum is that the Bitcoin and Ethereum spot ETF in Hong Kong was approved, but the theoretical significance is greater than the practical significance.
The first is that the liquidity of Hong Kong stocks is not ideal in itself, let alone spot ETFs;
Second: The total market value of the entire HK spot ETF itself is only 50 billion, which is a very small market value;
Third: The participating institutions are too weak, and there are no large companies, banks or financial institutions from the mainland participating. The atmosphere is not right.

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🔹Reviews of Cognitive Society
On April 12, Bitcoin plummeted to 65,100, which was not a big drop, but the altcoins collapsed.
The superficial reason is that the war in the United States has triggered expectations of rising oil prices, and rising oil prices have triggered expectations of rising US CPI. The fundamental reason is the panic about the delay in the US interest rate cut.
In fact, Cognition Society believes that the root cause is:
Exchanges represented by Binance OK have been constantly launching new coins to attract trading popularity in the bull market. These new coins, which have nothing, have a market value of tens of billions or hundreds of billions, which quickly drains the market.

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🔹Reviews of Cognitive Society
On April 9, Bitcoin fell back to the lowest point of 69,500, which coincided with the support level of 70,000 mentioned in yesterday's article.
The key support level of Bitcoin's retracement is 68800 66000. As long as the daily triple top of 68800 is maintained, there is still hope for the sprint. However, if Bitcoin falls below 68800 to 66000, it will bottom out.
The rise of Bitcoin and Ethereum hurts the altcoins a lot. After all, retail investors rarely have Bitcoin, so they have to wait patiently.
Hidden Dragon Do Not Use
During the low period of the bull market, you need more patience and peace of mind to work. After all, people need to eat and live. Now is still the early stage of the bull market, not the time to cash out, so working is the mainstream way of survival.

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🔹Achievements of Cognitive Society:
Unlike many analysts who are bullish on the rise and bearish on the crash, Cognitive Society has never made money chasing the rise. Apart from the uncontrollable bad news, it has never been afraid of the plunge.

🔹Cognitive Society Reviews
On April 2, Bitcoin plummeted by 64,500, and the market was miserable.
At 1 o'clock in the morning, Bitcoin still held a rebound of 68,000, but the market's long sentiment was too exaggerated. The ratio of people short in Ether reached 4.5, that is, 450 people were long and 100 people were short, forcing the main force to plummet and force the long.

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🔹Cognitive Society Reviews
On March 28, Bitcoin returned to its lowest point of 68,000, which coincided with the support level of 68,000 in yesterday's Cognitive News article.
On March 29, Bitcoin returned to its lowest point of 69,500, which coincided with the support level of 69,500 in yesterday's Cognitive News article.
The consolidation of Bitcoin has given opportunities for copycats to perform. The older batch of copycats such as MASK, Lite and BCH have made full use of the opportunity to rush to the pressure level. Lite 105 and 115 are strong pressures. At this time, a favorable cooperation is needed, such as Lite's inscriptions, such as Lite's AI, Anyway, just good news.