Bitcoin's Bull Market: Strategies for Success in the Current Market Environment. Learn How to Naviga
Time:2024-02-17 Click:90
After Bitcoin’s ten consecutive positive days, it is obvious that it can no longer rise. The two bulls in 2021 and now have both risen by about 10%;However, if a callback really starts later, don’t rush to buy the bottom. It is best to wait for a double bottom pattern before buying the bottom.The normal first wave of correction is still about 20%, which is about 42,000. There may be a pin, so build positions in batches. Don’t think you can get the pin;If you have sold goods in the past few days, you can be more aggressive. It can be said that as long as the price is lower than the selling price before opening a position, you should not go short at this time to prevent FOMO from chasing the rise and killing the fall, and you should not gamble with a full position to prevent you from worrying about gains and losses after having a bad mentality.In a word, you should keep bullets in your hands now, and then you should dare to buy if you dare to fall.This round of bull market may be the last round of such a clear halving bull for Bitcoin. The Federal Reserve was forced to flood the market due to the epidemic, and then became the most violent interest rate increase process in the 21st century. Now it has reached the critical point of high interest rates, just as Bitcoin is about to complete the fourth The round of halving and crazy interest rate hikes have thoroughly cleaned the crypto market. It can be said that both the large financial market environment and the small currency circle's own cyclical trends are perfectly coordinated.Later, with the growing consensus on digital currencies represented by Bitcoin and the wavering of the US dollar’s dominance, the crypto market will no longer give you such a good signal.Therefore, this bull market may be the last and best path to wealth and freedom for many ordinary people.As mentioned in the previous tweet, stay patient and determined, and work hard together in the next two years. I wish you all can earn money together for ten, twenty years or even the rest of your life!
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