Advisor's Market Analysis: (Issue #229) The violent bull market is undoubtedly here!
This morning, Bitcoin broke through 122,165, followed by a brief drop!
Don't think it's reached its peak; this is just the behavior of short-sellers covering after a liquidation!
The real rally has just begun; hitting 130,000 this week is not impossible!
The advisor has always been bullish on the bull market; there have been so many positive macroeconomic news lately!
Even before interest rate cuts, Bitcoin is about to break new highs; how much can it rise with rate cuts and quantitative easing?
Bitcoin at 120,000 with presidential approval for pension funds to enter the market; think about that!
Some people might say that this high position will find a buyer; is 120,000 really high? This is just the beginning!
Is 200,000 next year possible? Can it reach 1,000,000 in ten years?
Do you still think it's high? Is pension funds trading contracts with you the same? Is there a problem if they hold for 5 or 10 years?
Let's look at the liquidation chart: the shorts accumulating at 120,000 were liquidated; after waiting for a week, the bull market's air force is the core force in the rally. If you keep shorting, not only will you be missing out, but your bullets will be wasted. Why didn't I let you short? After going through so much, do you understand now?
As we move up, the continuous influx of short-sellers will participate; they are like chives, coming up in successive batches, and profit-taking bulls can also turn into bears!
The next target is 125,000!
Let's take a look at the K-line: it is completely resting on the upward trend line, a strong breakthrough!
I have always said: this is the last chance to board this round of the bull market; I have already completed my trades!
Next, it's straight to the moon; the next time we break this line, it will likely be the end; a violent surge to 73,000/110,000 is on the way!
Bitcoin ETF: Last Friday saw an inflow of 404 million, and buying has begun again!
It's just that Trump's policies are clear, and the U.S. market has confidence again!
The last crash was merely due to the confrontation between Trump and Powell, fearing it would lead to a market recession!
Now the market is optimistic about Trump; he can indeed call the shots. If I were American, I would definitely go all in on Bitcoin!!
Summary: Remember these points for bull market operations:
First: Do not short!
Second: A downward spike is the time to enter without thinking!
