The news has been confirmed that 'Super Reliable' has been elected, so the bull market is on the way!
BTC market analysis has been revealed, finding nuances from 4-hour, 1-hour, and 1-minute charts. However, from the emotional and data perspectives, many people are preparing to short, expecting a downturn. Are you really ready to fall before dawn? The good market for the next 6-12 months has already opened up. Looking bearish now could only be the reckless action of someone with blind faith.
Will the market rise or fall after the U.S. elections?
In the high-level consolidation range, pay attention to the intervals of 72700 to 75000, which represent the short-term volatility range. High-level volatility presents opportunities for altcoins, so look for altcoin opportunities in the market, seeking coins with high trading volume, coins that are at the bottom of their patterns, and coins that have been popular in the last month or two. Here are a few recommendations: Dogecoin series, SOL series, NEIRO, WIF, APE, BOME. I have added these coins to my watchlist; there are many opportunities.
Since the election has been decided, the next hot topic will be Musk. As we all know, he is a major influencer in the crypto space. He started promoting Dogecoin in 2020, and during that bull market, Dogecoin surged over 300 times, becoming a traffic king. Just keep an eye on Musk's account; there will be exciting movements. It's evident in the last two months that any coin related to him has risen magically. This is the wealth code; I check his account daily to see what he has said.
Regarding Bitcoin, my understanding is that it will reach a new high, attracting a wave of wealth. When the market rises to a high position, opportunities can be identified, making short-term trading quite viable. For the medium to long term, Bitcoin could see 100,000 USD.
After the elections, what else is there to look forward to?
The election is just one factor in the cycle, and it may not even be the most important one. In terms of trends and cycles, we can foresee the following:
1. The impact of the BTC halving cycle often coincides with the election period.
2. FASB will officially take effect in December 2024.
3. The resubmission of SAB121 is bound to occur in 2025, and the pass rate will be very high this time.
4. More importantly, the Federal Reserve's monetary policy has shifted from tightening to easing.
These are all things that will happen in Q4 2024 and Q1 2025. Even the monetary policy itself is continuous; a loose monetary policy will consistently enhance investors' risk appetite, greatly aiding in stimulating liquidity in the market.
Currently, the market trend still resembles the top divergence market from July to November 2021, now closer to the first wave from July to September 2021.
In terms of timing, the top divergence bull market can last until Q1 2025. If we follow the trajectory of 2021, there should be a significant correction around 75, then a push towards the vicinity of 86.
This is not a bearish stance; the current trend is entirely bullish. We are heading towards an unprecedented bull market, with Trump and Musk supporting crypto, and CZ's return heralding a luxurious bull market. We will meet at the peak.
Which mainstream coins can be focused on for key layouts after the elections? They have 20-50 times potential!
BNB: Moving in sync with the overall market, still bullish.
XRP: Ripple is also showing a slight increase, and further upward momentum is expected in the near future.
SOL: SOL's price has skyrocketed, the trend remains strong, and I continue to expect an upward market correlated with the overall market.
DOGE: Once the upward cycle of Dogecoin starts, it will last for a while and still has room to rise.
BCH: BCH's trend is also very strong, rising in line with the overall market, and I remain bullish.
AR: After two months of consolidation, a strong rise is expected in November.
UNI: UNI has surged significantly, but considering the rapid increase, a correction may occur in the short term.
OP: OP is still correlated with Auntie and is expected to continue rising.
