The "reliable" candidate has been determined, and now it's a bull market!
The BTC chart analysis is out, and we've found the cat's paw in the 4-hour, 1-hour, and 1-minute charts. But from the emotional data, many people are now preparing to go short, to be bearish. Are you ready to fall before the dawn? The good market conditions for the next 6-12 months have already opened up. At this point, going short can only be the hot-blooded, aggressive noob, you're stubborn.
Will it rise or fall after the US election?
Focus on the 72,700 ~ 75,000 range at the high level, which is the short-term fluctuation range. Fluctuations at high levels are opportunities for small coins, so go to the market to find small coin opportunities, find coins with high trading volume, coins in the bottom formation, and you can also find coins with high heat in the last one or two months. Here I recommend a few for you to pay attention to: Doge series, SOL series, NEIRO, WIF, APE, BOME, these are the coins I have personally collected, with many opportunities.
Since the election has been determined, Musk will be the focus next, as we all know, he is the traffic king of the crypto circle. In 2020, he started to shill loudly, stand on the stage of Doge, and in that bull market, Doge soared more than 300 times, becoming the traffic king. Next, just focus on Musk's account, there will still be some crazy operations, and in the past two months, you can see that the coins related to him have mysteriously risen, this is the wealth code. I will open his account every day to see what he said.
For BTC, my understanding is that once a new high is created, it will attract a wave of wealth, and a wave of the market will reach a high level, and opportunities can be found. Short-term trading is very good, and the medium and long-term BTC will see $100,000.
After the election, what else is worth looking forward to?
The election is actually just one factor in the cycle, and not even the most important one. In the trend and cycle, we can foresee:
1. The impact of the BTC halving cycle, which is often within the election time frame.
2. FASB will officially take effect in December 2024.
3. In 2025, SAB121 will certainly be resubmitted, and the pass rate will be very high this time.
4. More importantly, the Fed's monetary policy has shifted from monetary tightening to monetary easing.
These will all happen in Q4 2024 and Q1 2025, and the monetary policy itself is a continuous one, with the loose monetary policy helping to continuously increase investors' risk appetite and greatly helping to stimulate on-site liquidity.
The current market, the trend is still more like the top divergence market from July to November 2021, and now it is closer to the first wave of July-September 2021.
The top divergence bull market can last until Q1 2025. If we follow the 2021 path, the current 75 should have a relatively large correction, and then rush to around 86.
This is not any bearish view, the current trend is fully bullish. We will have an unprecedented bull market, with Trump + Musk supporting crypto, and CZ returning, a luxurious bull market, we will meet at the peak.
After the election, which mainstream coins can be focused on for 20-50x potential!
BNB: Still bullish, with the market trend.
XRP: Ripple is also showing a slight upward trend, and is expected to have further upward momentum in the near future.
SOL: The price of SOL has soared, the trend is still strong, and the upward trend linked to the overall market is still optimistic.
Doge: Once the Doge upward cycle starts, it will last for a period of time and still has upside potential.
BCH: The trend of BCH is also very strong, rising with the overall market, and the bullish view continues.
AR: After two months of washing, it is expected to usher in a strong surge in November.
UNI: UNI has risen sharply, but considering the too fast rise, there may be a short-term correction and repair.
OP: OP is still linked to ETH, and its continued rise is optimistic.
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