I've always said this, contrary to the views of many analysts, and today I found that some analysts have changed their tune and said that BTC will continue to rise. I'm very sorry, they always overturn their own analysis repeatedly.
If you can understand the phrase "All altcoins are to cover BTC's rise," you will understand why there won't be a pullback in the short term.
When risks arise, I will provide analysis that is different from those foolish influencer analysts.
Don't listen to the random analyses of bloggers on the internet, most of it is nonsense. They tell everyone to liquidate and take profits, waiting to buy on the dips. Those who follow me should understand that I don't think there will be a direct pullback here; we should push towards 130,000 to 150,000 dollars to confuse the retail investors, and then the pullback you want will definitely come. If you hesitate any longer, the bull market might just end.
Note: The so-called push is also over 2 to 4 weekly levels. At that time, everyone can come back to verify.
Also, the reason I am willing to analyze for everyone is mainly because there are few followers, no impact, purely for public benefit.
First of all, don’t expect Bitcoin to pull back and buy more. The current market needs the mainstream altcoins to rise, and then Bitcoin will pull back. So which altcoins will rise? The answer is that almost all mainstream altcoins will rise in rotation.
Those who have followed my posts before know which ones to buy.
The ones I have been recommending recently are the most worth buying.
In 2011, Charlie Lee, a software engineer at Google, became interested in Bitcoin after reading an article about the Silk Road. He not only bought Bitcoin, but also started to try mining. But Charlie Lee's ambitions did not stop there. He wanted to create his own cryptocurrency system. After a failed project, he took a 6-person R&D team and directly copied Bitcoin to create Litecoin. Litecoin is positioned as "Bitcoin gold, Litecoin silver", and this strategy makes Litecoin stand out among many altcoins.
The interesting linkage between Litecoin and Dogecoin
The relationship between Litecoin and Dogecoin (DOGE) can be traced back to their common origins - both are based on Bitcoin code modifications. Dogecoin is known for its cute Shiba Inu avatar and a relaxed and humorous community atmosphere, while Litecoin is characterized by its faster transaction speed and lower transaction fees. Although the two differ in market value and popularity, they both reflect the diversity and innovative spirit of the cryptocurrency community.
Litecoin's market performance and community activities
In 2013, the Litecoin community began to develop, and the price of the coin also rose, from more than 1 yuan to more than 380 yuan, a 300-fold increase. Although the price later fell back, the market saw the power of Litecoin for the first time. In 2017, Litecoin experienced a crazy rise from $4 to $360. After Li Qiwei listed Litecoin on Coinbase, its price soared all the way, and he was therefore hailed as the "King of Escape".
Litecoin's technological progress and future prospects
In 2024, Litecoin is expected to continue to benefit from its technological advances, especially the MimbleWimble Extension Block (MWEB) upgrade, which enhances privacy and scalability. Analysts expect Litecoin's role as a payment method to increase in 2024. Data from BitPay shows that Litecoin accounts for more than 38% of all cryptocurrency payments processed by the platform, highlighting its increasing use in transactions.
What's the difference between electing a president and electing a village chief?
Trump has won! 👊 As mentioned in the notes from a few days ago, incremental funds are about to enter the market. But today, we will mainly compare the differences between electing a president in the United States and electing a village chief in our village.
1. In the evil capitalist country, such a high-ranking official as the president actually needs citizen votes. Our village chief doesn’t trouble everyone; he has been in office for over 20 years without bothering the common people to vote.
2. The inauguration of the U.S. president requires various speeches and promises to please the citizens. Our village chief doesn’t need to work so hard; the KPI is mainly determined by the town chief alone, without needing to boast or make empty promises.
3. After taking office, the president needs to print money to boost the economy, promote employment, drive the stock market, and deal with some disobedient countries. Our village chief, however, doesn’t have to do that; he only needs to walk around the village every year with two bags of rice and two barrels of oil, take a photo with the impoverished households, and his job is done. The impoverished households feel ashamed and think they have troubled the government.
4. The president risks his life by getting shot while campaigning for votes. Our village chief has been very safe for the past 20 years, living in apartments and driving good cars; for weddings or funerals, he just needs to show up for a drink, and he doesn’t need to appear regularly.
5. The president is over 70 years old and officially in the prime of his career, while our village chief claims to be in his 50s as soon as he drinks, saying he won’t drink anymore. (Bathing and singing, can go)
6. ... The above is just to ramble, but! Trump reserving BTC for the U.S. is far-sighted, while our village chief, town chief, and various other leaders won’t do that because the economy isn’t important; the official hat is important.
In the end, it’s still that saying: don’t mess with contracts. Doge will have sudden surges, and Musk will still make calls; spot can be held. I have always been optimistic about people; many think good news is in place and a correction is coming, but I find this idea very naïve. USTC is the coin I have been mentioning; it can’t have good contracts because it likes to spike, so it can only be spot.
If Trump is elected president and Musk shouts "PEOPLE👊" on Twitter, where could it possibly go?
Many believe that after the election, the positive sentiment for PEOPLE should be fully realized, but we must understand that Trump indeed benefits the cryptocurrency space, and there will certainly be new capital entering the crypto market (those who are currently still observing).
In the long run, PEOPLE has a narrative, and those familiar know that I've been bullish on it since last year's lowest point. What do you think?
From the greed index, it's clear that many people are going long. If you are a major player, you will definitely spike or consolidate, making everyone lose hope for October, and at this point, retail investors will cut their losses.
Then, right before and after the monthly close, a large bullish candlestick will be drawn to prevent retail investors from catching up. (This is one possibility) So do not hold short positions.
In short, do not expect the same market movement as everyone else, but rather take a different approach.
The coin that has been mentioned in previous notes. $USTC $LTC $CKB
The bull market is about to enter the second half. In addition to the several hundred-fold coins recommended before, this coin may also explode. Let me explain the reason: People have too high expectations for halving, so it will not rise. But when most people bet on meme coins, the car is much lighter, and it will grow unexpectedly next. And because of the POW attribute, institutions continue to increase their positions, and they need to pull it very high before they can package ETFs. There is no need to say more. If you have more funds, judge for yourself. $LTC $BCH $DOGE