How many bulls can one encounter in life? Seize the opportunity of breaking the monthly lifeline
In an investment career, the true 'bull' market is often hard to come by. The breakthrough of the monthly lifeline is an even rarer signal; seizing it once may change your fate. Below are several monthly lifeline breakouts I personally experienced in the past 15 years and their market performance, hoping to provide reference for investors.
1. Historical cases of monthly lifeline breakthroughs
The great bull market of A-shares in 2014
In 2014, A-shares broke through the monthly lifeline upward, leading to a magnificent bull market. This breakout brought enormous wealth effects to investors, becoming a highlight moment in many investment careers.
In 2020, A-shares briefly entered a bull market
In 2020, A-shares once again broke through the monthly lifeline upward, but due to the impact of mask factors, this bull market was relatively short-lived. Nevertheless, the market still showed strong upward momentum.
In 2019, gold continued to rise
In 2019, gold broke upward and retested the monthly lifeline, subsequently starting a rising trend that continues to this day. The long-term trend of gold fully proves the importance of breaking the monthly lifeline.
The great bull market of BTC in October 2020
In October 2020, Bitcoin broke through the monthly lifeline upward, ushering in an epic bull market. This breakout injected tremendous vitality into the cryptocurrency market, with a significant profit effect.
In 2023, BTC makes another move
In March 2023, Bitcoin once again broke upward through the monthly lifeline and continued to rise after confirming the retest in October. This is the starting point of the recent bull market, once again validating the signal significance of breaking the monthly lifeline.
2. Common characteristics of breaking the monthly lifeline
The breakout of the monthly lifeline has the following common characteristics:
Turning point of the long-term trend: the breakout is often accompanied by the start of a long-term upward trend.
The outbreak of the wealth effect: after the breakout, the market usually shows a strong profit effect.
3. Seize the opportunity, change your fate
Breaking the monthly lifeline is a rare opportunity in an investment career. Seize it once, and it may lead to significant wealth growth.