BTC趋势预估
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Bitcoin is about to halve. Will the history of halving repeat itself? How should we proceed? Let’s talk about the trading ideas for the next period of time!
First, let me recharge my brothers' faith:
I just reviewed the trend of Bitcoin before and after the last halving (May 11, 2020) and found that Bitcoin fluctuated greatly in the few days before the halving on May 11, 2020, with a drop of about 20% in a few days. This time, it also dropped by about 18%. However, three days after the last halving, Bitcoin recovered all the losses before the halving.
Whether the decline before Bitcoin halving this time was due to the conflict between small countries outside that wiped out the gains, or the realization of the Bitcoin halving hype expectations, or the previous ETF factors that pushed up the price of the currency, this time took the opportunity to take profits and dump the market.
I just reviewed the trend of Bitcoin before and after the last halving (May 11, 2020) and found that Bitcoin fluctuated greatly in the few days before the halving on May 11, 2020, with a drop of about 20% in a few days. This time, it also dropped by about 18%. However, three days after the last halving, Bitcoin recovered all the losses before the halving.
Whether the decline before Bitcoin halving this time was due to the conflict between small countries outside that wiped out the gains, or the realization of the Bitcoin halving hype expectations, or the previous ETF factors that pushed up the price of the currency, this time took the opportunity to take profits and dump the market.
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#BTC
The greed in the crypto market remains unchanged, Bitcoin's pullback hides opportunities
The fear and greed index of the crypto market, even amidst the decline in Bitcoin's price, remains firmly in the greed zone, revealing investors' strong confidence in the market. This index currently stands at 72, indicating a high level of greed, which means traders view price pullbacks as excellent buying opportunities.
Rational pullback after Bitcoin's new high
Looking back at 2024, the crypto market looks promising, and Bitcoin has bravely broken the $100,000 barrier. However, the subsequent pullback saw the price drop to $92,600, causing a slight setback in the bullish market sentiment. This is merely a natural response to long-term investors taking profits and a temporary cooling of market activity, a regular adjustment in a bull market.
HODLing showcases long-term confidence
Despite price fluctuations, the trend of HODLing continues unabated, and investors are full of expectations for the future of Bitcoin and the entire crypto market. As long as Bitcoin can maintain the crucial support level of $92,000, an upward trend in 2025 remains expected.
Buying frenzy of well-known cryptocurrencies
The greed sentiment in the market is evident in the buying trends of well-known cryptocurrencies. Recently, Dogecoin whales have massively purchased over 90 million DOGE, undoubtedly another testament to the market's optimism.
Current status of Bitcoin price: Opportunities in the adjustment
Currently, Bitcoin is trading around $94,400, down approximately 12.8% from its December high of $108,135. During Bitcoin's bull market cycle, such adjustments of 20% to 30% are not uncommon. Therefore, investors need not feel anxious due to short-term fluctuations, but should maintain confidence and patiently await a market rebound.
In the upcoming strategic direction, I will guide everyone to aim for lucrative opportunities in altcoins, with an expected potential of over 10 times, so click on my profile picture, and let’s strategize for the entire bull market together!
#BTC趋势预估
#BTC🔥🔥🔥🔥🔥
The greed in the crypto market remains unchanged, Bitcoin's pullback hides opportunities
The fear and greed index of the crypto market, even amidst the decline in Bitcoin's price, remains firmly in the greed zone, revealing investors' strong confidence in the market. This index currently stands at 72, indicating a high level of greed, which means traders view price pullbacks as excellent buying opportunities.
Rational pullback after Bitcoin's new high
Looking back at 2024, the crypto market looks promising, and Bitcoin has bravely broken the $100,000 barrier. However, the subsequent pullback saw the price drop to $92,600, causing a slight setback in the bullish market sentiment. This is merely a natural response to long-term investors taking profits and a temporary cooling of market activity, a regular adjustment in a bull market.
HODLing showcases long-term confidence
Despite price fluctuations, the trend of HODLing continues unabated, and investors are full of expectations for the future of Bitcoin and the entire crypto market. As long as Bitcoin can maintain the crucial support level of $92,000, an upward trend in 2025 remains expected.
Buying frenzy of well-known cryptocurrencies
The greed sentiment in the market is evident in the buying trends of well-known cryptocurrencies. Recently, Dogecoin whales have massively purchased over 90 million DOGE, undoubtedly another testament to the market's optimism.
Current status of Bitcoin price: Opportunities in the adjustment
Currently, Bitcoin is trading around $94,400, down approximately 12.8% from its December high of $108,135. During Bitcoin's bull market cycle, such adjustments of 20% to 30% are not uncommon. Therefore, investors need not feel anxious due to short-term fluctuations, but should maintain confidence and patiently await a market rebound.
In the upcoming strategic direction, I will guide everyone to aim for lucrative opportunities in altcoins, with an expected potential of over 10 times, so click on my profile picture, and let’s strategize for the entire bull market together!
#BTC趋势预估
#BTC🔥🔥🔥🔥🔥
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