区块链老白

#BTC In the new week, the rebound last week listed two key pressure levels of $62,000 and $65,000. I originally expected that the best trend in the future would be that it could not stabilize at $62,000 and then fall back again. As a result, the rebound still came to the pressure level of $65,000. I underestimated the strength of this rebound and made a mistake in the prediction.

Back to the current market, BTC rebounds and faces pressure of $65,000, but there is no sign of falling back on the daily line. Whether the market will fall back from $65,000 or break through and rebound to $70,000, to be honest, Lao Bai cannot judge at present. We need to wait a few days to see the pressure situation near $65,000 before we can make a high-probability prediction.

In fact, Lao Bai is still a die-hard bear in his heart. He still hopes that BTC can start to fall from $65,000 and then plummet. My short position of $62,000 has not been closed yet. I am going to take the last week, because this week is the last opportunity for bears to exert their strength. If it still does not fall below the $62,000 support this week, then I will close my short position next week and switch to long.

Now we all know that the global economy is in a recession cycle, but governments of various countries will unite to cover up the truth of the economic recession and continue to maintain false prosperity in order to achieve political achievements and social stability, and institutions will unite to make the last money of leeks. But as I said, artificial economic policies will not change the laws of economic cycles. The story of the wolf coming will be staged sooner or later, and it will come soon.

#利率与经济危机 Many people have a wrong understanding. Interest rate cuts do not mean that the economy is getting better. On the contrary, it is because of the economic recession that the central bank is forced to start cutting interest rates to ease the crisis. It is the economic cycle that affects interest rates, not interest rates that change the economic cycle. If the economic cycle can be changed by artificial policies, then the economic crises over the years would not have happened.

So please remember that it is because of the economic recession that the central bank is forced to cut interest rates. Interest rate cuts often indicate that the economy has begun or has already declined. The purpose of cutting interest rates is to prevent everyone from dying too miserably during the economic downturn.

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#BTC Market Analysis: Considering that the BTC daily RSI indicator entered oversold before and then went out of an upward trend, and the support of US$25,200 is very critical, bulls will not give up the support of US$25,200 easily in the short term. We expect that the daily line of BTC will still fluctuate in the range of 25,200-28,000 US dollars for a long period of time, and in the wave theory, wave B (current stage) often goes very messy and complicated, especially when wave A falls very fast. At this time, the complexity of wave B will increase and the adjustment time will be longer. But the result remains unchanged, that is, after the adjustment of wave B, the view that the market outlook will fall below US$25,200 and exit wave C to US$22,000 and US$20,000 remains unchanged.

Market analysis: Although the Federal Reserve has reached the end of raising interest rates, they have made it clear that they will continue to maintain high interest rates until 2024 and will not cut interest rates on a large scale. The market is stagnant and continues to be bearish. Returning to the Bitcoin K-line, BTC is still in the B wave adjustment range of 25,200-28,000 US dollars. However, today the daily line once again fell below the EMA20 daily line support of 26,500 US dollars. This is not a good sign and indicates that 25,200 will be tested again in the near future. Supported by the US dollar, after falling away from the adjustment range of 25,200-28,000 US dollars, the trend will start a C-wave decline, with the target still being 22,000 US dollars and 20,000 US dollars. This is a matter of time.

#BTC

BTC market analysis: BTC has closed well on the daily line in the past two days and has recovered above the EMA20 daily line of $26,200. If this position can be stabilized, considering the oversold rebound of the daily RSI, there will be a chance to return to $28,000 in the next few days. .

That is to say, in general, there is a high probability that BTC will continue to fluctuate in the range of US$25,200-28,000 for several days in the future, but the result remains unchanged. After the shock is over, it will still fall below US$25,200 and start a new round of decline to a new low of US$22,000. and 20,000 US dollars, but it is difficult to judge exactly when the shock will end and fall below 25,200 US dollars and emerge from a new round of decline.

This is my analysis of BTC in August. Now it seems that the three comments I made below are actually three clowns. They don’t understand the wave theory themselves, but they laugh at me for not understanding it? ? ?

BTC market analysis: The daily line still has not recovered above the EMA20 daily line of $29,400. Let's analyze a wave from another angle, which is the wave theory. A rising or falling cycle is often composed of 5 waves, and the cycle ends after 5 waves. For example, during the rising cycle in the first half of the year, the price rebounded from US$15,500 to US$31,800. The weekly trend was clearly marked by five waves: rising, falling, rising, falling, and rising, with three rises and two falls. In layman's terms, this is a bit like "all in one go." , decline again, and exhaust in three waves.” The fifth wave has ended at around $31,800, and theoretically, it will start a three-wave decline later. #BTC

BTC market analysis: After falling to a low of $28,580 last night, it was pulled back to around $30,000 by bulls. It seems to want to return to the shock range of $30,000-31,800. Let’s first see if the trend in the next three days can stabilize at $30,000. If it cannot stabilize, it will continue to push back to $28,000 and $25,200, because although the daily indicators are moving in a mess, the weekly line is downward. Personally, I am still subjectively bearish on the overall trend of the market outlook. Unless the trend can break through $31,800 strongly, then my bearish view will be invalid. #BTC

BTC market analysis: The winner of the long and short positions has been decided! Although the current trend is still not out of the shock range of 30,000-31,800 US dollars, last week's closing was a standard shooting star line (similar to a hammer), which is more in line with my bearish expectations for the market outlook, indicating that the bulls are unable to rise. If nothing unexpected happens this week, at least there will be a rebound. After a wave of support at $28,000 or even lower, the volatility of the short position for three whole weeks made me speechless. Now I have opened a short position again! #BTC

BTC market analysis: The advantage of short positions on the daily line is becoming more and more obvious. If it falls below the shock range of 29,800-31,800 US dollars in the next few days, and the Federal Reserve will raise interest rates again in July, then short sellers will definitely push the price back to 28,000 US dollars and At $25,200, I added a short position. #BTC

BTC market analysis: In the past market analysis of Bitcoin, Lao Bai was always able to predict the rise and fall of the market outlook in advance. However, in the past two weeks, Bitcoin has begun to fluctuate within a narrow range of 30,000-31,800 US dollars, and the indicators have been moving in a mess. , there is currently no direction for the market outlook at all. We can only focus on the shock range of 30,000-31,800 US dollars. Leaving this range will lead to a new direction. #BTC

4 low-market value projects have the potential to rise 10 times in the next bull market. You can continue to pay attention:

1-Tenet ( $TENET ), a liquid staking derivative.

2-Stader ($SD), supports multi-chain liquid staking.

3-GND Protocol ($GND), a protocol that provides liquidity to earn profits through mining.

4-Propchain ($PROPC), RWA sector, focuses on real estate tokenization. This risk is slightly higher because the technology is not yet mature.

BTC market analysis: Yesterday’s daily closing cross needle showed that the long and short sentiment was unstable, and the pressure level of $31,800 was still not easy for bulls to break through. In terms of some technical indicators, KDJ is dead cross and RSI is overbought, all showing that the current trend is in the stage of rising and falling. It will be relatively easy to climb back to around $28,000 in the next few days. It is so short. #BTC

My old fans should know that at the beginning of this year, I drew 6 key points on the K-line chart of the pie, namely 3 support levels of $15,500, $17,700, and $20,000, and 3 pressure levels. 25,200 US dollars, 28,000 US dollars, and 31,800 US dollars, and I believe that the monkey market will mainly revolve around these 6 points throughout 2023. I still maintain this view now. I said that I want to wait for the bull market to arrive in 2024.

Analysis of the#BTCmarket: Yesterday’s tweets have made you buy some positions. The current trend has broken through the downward channel, with the EMA 20-day line of $26,600 as the advantage to support a strong rebound. The key pressure levels for this rebound are the psychological integer price of $30,000 and 31,800 Only when the US dollar breaks through these two pressure levels can it start a new upward trend, but obviously, I still think that this rebound will not break through 31,800 US dollars, and the trend will fall back again at 30,000 US dollars or 31,800 US dollars, continuing to maintain the monkey market shock. #BTC

#BTC market analysis: Bitcoin temporarily supports the neckline of $25,200 and rebounds to recover the EMA 20-day line of $26,300. Today, it is trying to break through the $27,000 pressure level at the top of the downward channel. If it can effectively break through $27,000 in the next few days, then this time it will continue The more than 2-month correction will end, and bulls will once again hit $28,000 and $31,800. In the near future, you can tentatively take back the position and set the stop loss at $26,300 or $25,200. #BTC

In addition to DeFi finance in the currency circle, there is currently no heavyweight project in the application layer. If there is one in the future, the game sector will definitely be the first to emerge. This year I really like to invest in some game projects with lower market values, such as less than US$100 million, because they have greater room for appreciation in the next bull market.

1-$GALA

2-$Super

3-$PYR

4-$Magic

5-$ILV

#GameFi #元宇宙 #NFT

Family members, please like, retweet, and follow, and Lao Bai will dig out valuable good projects in the sharing currency circle for you.

BTC market analysis: I have said more than once that $31,800 is a critical pressure level, and I also predicted this callback in advance. Currently, both bulls and bears are competing for the EMA 20-day line of $29,000. If the bulls fail to effectively recover above $29,000 in the next few days, the trend will fall further to $26,600 and $25,200, which are two good supports. #BTC

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BTC market analysis: After Bitcoin emerged from the head and shoulders bottom pattern, it has not yet crossed the neckline of $25,200. It almost rose directly from $20,000 to close to the key pressure level of $31,800. If the subsequent market trend is as high as $31,800 as I predicted before If it fails to break through, then the first goal of a correction in the market outlook is to step back on the neck of the head and shoulders bottom, which is the position of $25,200. #BTC

BTC market analysis: It is almost close to US$31,800. This is the top position in the first half of the year. As I said, the closer to this position, the greater the risk of a correction. #BTC

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