Trump returns to power, Bitcoin hits a new high, reaching $75,000 on the same day. As of this morning, the legend continues, continuing to rise, reaching a high of $76,000 at one point.
The new high of Bitcoin has really arrived, this time I'm hooked, and I can get on the shore!
The pond owner has released the fish, will he continue to release the fish? The answer is definite: the people who fish slowly will become more and more, you are the first guest, what you need to do now is to find a good position (choose the right coin), take out your ancestral treasure rod, bring out your golden stool (wait for time) and hang your bait (principal).
In November, the market is off to a good start. With the news of Trump's victory, the market has seen the most powerful pull-up in nearly half a year. From now on, there will be no more Bitcoin at $65,000, $50,000 or $40,000? There is a probability of Bitcoin starting with $60,000, but not now. This big pie is also a continuation of the big bull market rule every 4 years. According to the historical rules, Bitcoin will soon rush to $80,000, reaching the range of $83,000 to $85,000. From the K-line point of view, Bitcoin is about to go up again at the hourly level, and the 4-hour, 12-hour and daily levels are bullish, with a daily resistance level of $77,000 and a support level of $73,800.
Across-the-board surge, how should the market be viewed going forward?
Haha, the sister is not laughing anymore, and the bears are also crying. After experiencing 8 months of correction, the market has finally reached a new high, and many people may have lost confidence and been washed out in advance. There is no doubt that it is impossible to see the top now, and I personally believe that it is a new stage. According to this momentum, there will be two more rate cuts this year, and it is very likely to reach $85,000 by the end of the year (two rate cuts and another $10,000 increase in two months is very likely). From a historical cycle point of view, it is usually about half a year after a big drop that the market starts to steadily rise. However, it does not mean that the bull market will definitely make money without losing. Why? Because everyone's approach and cognition are different, and more and more institutions and regular armies will enter the market in the future, and we small retail investors may face more challenges. In the financial market, you need to learn to walk before you can learn to run. If you don't understand the strategy and technology, you can contact me, and I have something to learn.
So is the altcoin season coming that we've been waiting for 2 years?
1. Today, ETH broke through the $2,820 resistance level, and the DeFi system also rose across the board, with funds flowing from BTC to the ETH system, and BTC.D plummeting.
2. ETH/BTC is starting to stabilize, which is a trend-changing change with great significance, and may end the 3-year decline in the exchange rate and usher in a comprehensive strong period for ETH.
3. The market's focus has shifted from meme coins to DeFi.
4. Since ETH has broken through $2,820, don't look down on the market anymore, you can buy some ETH (of course, there is still the possibility of a false breakthrough), if the weekly K-line closes with a real breakthrough, then go all-in on ETH and DeFi.
Many people have a biased understanding of ETH's market performance, I got on board ETH at around $2,436.
The above image is from an internal circle friend, who did it with me, do you want such returns!
Some people don't dare to buy the dips when it's falling, and they clear their positions as soon as it goes up a little, and then regret it when it keeps rising, and they're afraid they'll miss the boat. This is the typical mentality of a retail investor!
After the rise, some people have become more and more emotional... Interested parties can listen to me, I will explain the market situation in the internal circle, and also review the recent situation of altcoins PEOPLE BOME FLOKI ORDI SATS WIF!
After Bitcoin breaks new highs, altcoins will take off, which is what I said before.
Yesterday, all altcoins were pulling up. If you didn't play the contract and didn't get liquidated, then you made some money to a certain extent. The next two months will be the so-called crazy mode, so cherish it.
