Recently, the market is talking about a slow bull market, saying that there are institutions propping it up and it can't fall. This scene is very similar to 2021, when there were calls for an eternal bull market, and as a result, in 2022, Bitcoin fell from 69,000 to 15,000, causing many to suffer painful losses.
In fact, a slow bull market and an eternal bull market are the same thing; they both want to deny the market's pattern of ups and downs. Just like the cycle of the four seasons, you can't avoid the transition between bull and bear markets. The bull market is not over yet, and the pullback is precisely the opportunity to pick up good stocks.
According to the old rule, it is highly likely to turn into a bear market next year, but Bitcoin's decline will be lighter. In 2018, it fell over 80%, and in 2022 about 78%; the next decline will be smaller, with the bottom estimated to be around 80,000.
Don't be fooled by what people say; play according to the cycle: don't be greedy in a bull market, and don't panic in a bear market, so you can stand firm in the market.
If anyone feels confused due to market fluctuations, not knowing how to deal with being stuck in a position, or feels misled during the trading process, follow Xing Ge to help you get out of the trap!! @GodHunter
