5.11 Accurate Market Analysis
Good morning, brothers. This morning BTC continued to break through,
Binance has 400 million in buying funds, buying up rapidly.
First of all, congratulations to those on the ride.
Generally speaking, liquidity is poor on weekends,
but this weekend's buying power is very strong,
BTC hasn't even dropped below $100,000.
This week gold fell by 4%, U.S. stocks remained flat,
the strongest increase was still BTC.
Previously, the analysis from Bit Eagle suggested that gold would rise to $3,500 and then pull back,
those who didn't catch the gold rally, and funds that took profits in gold will buy BTC.
The predicted points are exactly the same as Bit Eagle's analysis,
Bit Eagle accurately predicted this wave of increase.
They analyzed various aspects of the logic for everyone,
including the reversal of the trade war, signs of institutional hoarding, miner costs, etc.
One can only say that Bit Eagle's analysis is very accurate.
Next Tuesday at 20:30, CPI data will be released.
Next Thursday at 20:30, PPI data will be released.
These two data sets show inflation trends and have a certain impact on the crypto space.
However, last time the CPI negatively affected BTC but there was no significant drop, so next week's data impact is limited.
Yesterday, China and the U.S. engaged in negotiations in Switzerland, and Trump said it went very well, with good news.
India and Pakistan have ceased fire, and Russia and Ukraine are about to cease fire for 30 days,
these are all good news.
Currently, it is recommended to patiently hold coins and wait for a rise.
BTC's weekly MACD has just reached the golden cross position,
at least wait for the MACD to reach a high point before taking significant profits.
Analysis is for reference only,
adults must take responsibility for their own decisions.
Investing has risks, please invest with spare money, think independently and make judgments. #ETH突破2500