#BTC The monthly line closed below the 28800 neckline, showing bearish engulfment. The second upper resistance level is 31000. Many people are waiting for the first major support level below 25000, which is not far away and overlaps with the 200EMA. Large-cycle spot investors, please pay attention to whether there are strong pull signals on the 4-hour and daily lines. If the negative decline continues, wait for the second support level near 19,000, which is also the high of the 2017 bull market and the low of the last bank crash. Trading is waiting, be a qualified sniper, and the market will reward you!
Gold hit the upper resistance level for the third time, while the US dollar index rebounded at the support level. How long will it take for the RMB to break 8 in the future? What if gold is knocked back for the third time and falls until the end of the year? How is Bitcoin going? I personally believe that Bitcoin will continue to decline by the end of the year until it is as low as before the test. What do you think?
You just need to understand: The market value of copycats is now higher than that in 2020, and the market share of big companies has not yet broken through the 50% pressure level. Anyone who teaches you to build a copycat is either looking at the money in your pocket or trying to gain traffic eyeballs!
Announced on 5.10, 20:30cpi, the world is watching! The price of 2.5W that many people have been waiting for is a good time to step back at the textbook level after an effective breakthrough. Is it a good time to reverse the neckline of the big cycle and pick up people? Will it be the annual high of the year? Stand ready, wait and see [fist]
The altcoin index reaches 4, not far from the 2020 lows! #BTC A big correction is not far away, let’s witness the ultimate waterfall of altcoins in about a month!
Instead of spending tens of thousands to join various training groups, I might as well spend dozens of dollars to read this book three times or more. You are better than 90% of scammers.
The Bitcoin network has been running since 2009, and the first halving event took place on November 28, 2012, when Bitcoin’s block reward was reduced from 50 BTC to 25 BTC. The second halving occurred on July 9, 2016, when Bitcoin’s block reward was reduced from 25 BTC to 12.5 BTC. The third halving occurred on May 11, 2020, when Bitcoin’s block reward was reduced from 12.5 BTC to 6.25 BTC. According to the Bitcoin protocol, the next halving event will occur in approximately 4 years, and is expected to occur around April 2024.
How far will the rising short-covering market go? 3.2 is the consensus? 4.8? Looking up from the bottom, there are people who clear their positions at 2.8, and then there are people who clear their positions at 3w. There is a high probability that the stock market will come to an end. Yesterday, the largest air force liquidation in the past year occurred. If the market continues to catch up, then the next step will be a large force explosion. The crypto market has never lacked for major corrections!
The long-short ratio has been below 1 for a week in a row [laughing through tears] In May last year, 28,000 was the main theme of the eternal bull market, and the leek stud was a lot of bargain hunting! In April this year, 28,000 rebounded to the top of the bear market, but the bear market has not yet left, and the heavy positions of leeks are empty! The people are still the same people, but the bread is no longer the same bread!
Naked K is the leading indicator of all price actions, and all news, bad news, and good news are just noise! The bottom pattern has been formed, long and short! The weekly and monthly lines touch the strongest resistance area of 2.8W to 3.2W. If it breaks through, it is expected to touch 4.8 in 2023, or even the previous high. The strongest support below is 2.5W. The bulls are quietly waiting for the needle to enter!
The 5-wave model previously deduced has evolved into an M-shaped double top. Many military forces are buying the bottom, and the Air Force is waiting for a rebound in wave B!
The copycats deduced in the past basically followed the plot. Today, the deep pit created by the US version 94 has fallen below the upper edge of the upward channel. If it cannot be pulled back, a big waterfall will begin!
#BTC When I woke up, Old Bao finished his speech and all the kings flew together! Extending the ten-year cycle, the healthy upward channel of U.S. stocks quickly pulled back after falling below the lower edge in 2020, and then quickly pulled back after falling below the upper edge in 2022. As long as it does not fall below, the next bull market will start faster.
Signs that a copycat has peaked: 1. Rapidly accelerating the increase in volume to catch up to the top; 2. High closing evening star, a common peaking trend; 3. All communities are in FOMO, and the emotional value is stretched to the extreme; 4. The RSI indicator appears Severely overbought, and volume and price divergence! Even if this position is not at the top, it is still very close!
In the blink of an eye, the financial market has been falling for a whole year, and so far, there has not been a decent rebound. The fluctuations in this round of bear market are more severe than the previous round. This is not necessarily a bad thing. After the current world's macro environment, technological development and regulatory policies gradually become clearer, a new round of upward trend will begin.
Dawn will eventually dawn, and this bear market will be a window of life that many people can no longer miss. The opportunity must not be missed, and the time will never come again.
In a bear market, you should learn more, observe closely, and make fixed investment plans based on personal circumstances. When the next round of bull market becomes popular, remember to escape from the top and make good life plans. If you are proud of life, you must have all the joy, and don't let the golden bottle stand empty against the moon.
When the real world is filled with artillery fire and nuclear bombs flying all over the sky, money is no longer useful. A new round of bull-bear dividing line in 2025.
Is Old Leek, who entered the market 5 years ago, still losing money? New leeks entering the market in 5 years want to make a profit? If there is no market in a bear market, you will not learn. If there is a market in a bull market, you will not be able to understand. No matter how capable you are or how awesome your skills are, if the market doesn’t give it to you, the market doesn’t give it to you, and God doesn’t reward you, it will all come to nothing in the end. Waiting is a kind of suffering, but also a kind of happiness; "choosing the right time" is a kind of wisdom and courage.
#BTC The daily line is still in a short trend, the 4-hour line turns to a long trend, and the shorts trample on the rebound. If this rebound is relatively strong, it will reach a false breakthrough of 18199 and then fall downwards. The weak will not reach and then smash