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The real bull market has not yet arrived

Bitcoin currently remains between the two blue lines below. The daily oscillating highs are getting higher and higher, and the oscillating lows are getting higher and higher, showing a solid parallelogram pattern as a whole. Therefore, Bitcoin is currently in an oscillating phase, and oscillation is the adjustment. After the adjustment is over, Bitcoin is expected to break from a high point upward. The large range of oscillation is 28,000-62,000 US dollars, and the oscillation amplitude is 34,000 US dollars. It can be expected that after the successful breakthrough of this model, it will grow wildly like a rocket launch, refreshing everyone’s cognition.

Of course, not everything is 100% certain. Although the shock mode has a higher probability of breaking upward, there may be some small probability events. For example, if there is a correction in the middle, it will lead the market into a deep adjustment phase, but this possibility is relatively small. When Bitcoin is lower than 45,000 in the callback phase, the market will enter a deep adjustment, and the time of skyrocketing will be delayed for a while. It can be expected that the possibility of an upward breakthrough in the shock is relatively high, and the market will enter the carnival by then. This will not only refresh the cognition of market novices but also refresh the cognition of 90% of analysts because most of these analysts have only experienced the market after 2017 and do not have a long-term vision.

Currently, everything is at the bottom. The small range of Bitcoin fluctuations is between 52,000 and 62,000. During this adjustment period, some high-quality coins will take turns soaring. This bull market is different from 2017. At that time, every coin in the market will soar, but now the bull market coin price surge is selective. All this is due to the fact that there are few types of coins in 2017, but now The market environment is different and there are many types of coins. Among them, 90% are inferior coins. Inferior coins will not rise, or the rise will be very small. Really valuable high-quality coins will soar, the increase will be greater, and the market value will also create a new record.

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Uploaded on March 23, 2021