Can the Bitcoin bull market be revived? Will BTC whales move?

Published: Aug 28, 2024 Duration: 00:06:53 Category: Education

Tags : CPI Bitcoin btc Ethereum eth dogecoin SPX 比特幣标普500

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Hello everyone! Today, let’s talk about Bitcoin. Can a cow be resurrected? Two years ago, BTC was recommended to buy at the bottom starting from 20K The profit is still being held And two years ago, it was also recommended to buy any BTC below 50K The rise later is crazy However, above 50K, only a small amount of money is played. I’ll share some charts later. and 4-hour divergence If you like videos! Thanks for liking and subscribing And join our Discord group And OKX invitation registration transaction, 20% rebate Let’s take a look at the BTC monthly chart first Why buy at the bottom of 20K in 2022? So is the bull market dead now? Some friends feel that we are entering a bear market But let’s look at the cycle Take a look Why buy below 20K? Remove this red Reference to the 2018 Bear Market Cycle Fall time 12 months one year Let’s copy the red box Then paste moves to 2022 bear market Have you noticed that it is being copied? and paste another Then move to the 2014 down cycle From this top to the bottom of 160 The time period is also 12 months One more month 13 months is the bottom So refer to the historical cycle This time the bottom 20K, 15K Rising all the way later It is also mentioned that you can buy anything below 50K Because I have mined before Know the cost of mining machines About before the halving Very cheap under 50K So it’s also a reminder in one or two years, just buy whatever you want There may be no profit in the short term Long-term profits are considerable Especially spot Then take a look now Bear market cycle 12-13 months 13 months in 2014 We also consider the 2015-2017 bull market cycle this box Copy it Then paste move to 2019-2021 bull market Found that the rising cycle time replicates 2015-2017 So I profit Especially the previous 15K-20K fall The lower the price, the more you buy. ALL IN So look at the current time If we only look at time It's possible the bull market isn't over yet It’s just gone up too much now This cow may be resting So what if the bull market really ends? We're up to now And now the ETF institutional market And later the Fed cuts interest rates If the bull market really ends now I feel a bit pity There are a lot of benefits behind Is this really the case? Just an increase of 300%? Is the Bitcoin bull market over? shouldn't Then take a look at the daily chart I didn’t expect it to fall again this time. And the 200-day consolidation The main force has shuffled the cards many times my style My style has always been to do it right Profit bets on the long term Even if the price comes back again (stop loss) Just like 2023.8 At that time Ethereum Earned 7 ETH All profits will be returned later So if you are a novice friend You don't have to learn my style You can follow your own style if there is profit Like the Discord group, it is generally recommended to close half of the profit and keep half. Because the market has been like this for more than 200 days Short term mentioned yesterday come back now Look at the channel formed by these three lows Don’t fall below 58K And whale data on the chain Yesterday's candle much like a spiral At the close of trading on 8/28, whales transferred 4,692 coins But this round of fluctuations It feels like the whale is moving Engage in retail investors The previous price increased by 100+ and I bought it for 10 consecutive days. But 10-100 It was leaking out before Stream to 100+ Now it’s 100+ 4,700 pieces sold But buy 3400 pieces at 10-100 1-10 pieces Bought more than 1,200 coins The view may be that whales are moving (buying and selling themselves) It is possible that it is still consolidating at the moment. Engage in retail investors Then take a look at the 4 hour chart I feel like 58K might support it This one lowers the wick It is supported at about 58K And in 4 hours, these two are engulfed by bulls. And this one It's a spiral Spiral bulls and bears diverge And the lower wick is very long Lows are lower Then KD indicator KD divergence Therefore, it is not ruled out that it may support Finally thanks for watching and subscribing

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