LIVEdaniel Teng
@Square-Creator-709745291
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The current market for large pancakes should be the tail end of the bull market. The reasons are as follows:
1. Trump's popularity continues to wane, and cryptocurrencies related to Trump are continuously falling.
2. The price around 90,000 has met the expectations of most bulls, leading to profit-taking in the spot market.
3. The current market is very similar to the bull market in 2021; all positive news has been exhausted. Once good news is realized, negative sentiment may trigger a rapid decline.
4. K-line analysis has repeatedly tested the hourly lifeline, and a bearish trend has basically formed.
1. Trump's popularity continues to wane, and cryptocurrencies related to Trump are continuously falling.
2. The price around 90,000 has met the expectations of most bulls, leading to profit-taking in the spot market.
3. The current market is very similar to the bull market in 2021; all positive news has been exhausted. Once good news is realized, negative sentiment may trigger a rapid decline.
4. K-line analysis has repeatedly tested the hourly lifeline, and a bearish trend has basically formed.
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Analysis of Bitcoin's rise and fall:
1. The current rise is a rebound after a sharp drop. It is expected that Bitcoin will fall again in the short term. It is not the right time to buy the bottom.
2. At the current position, the upward momentum is insufficient, and shorting is the only choice.
1. The current rise is a rebound after a sharp drop. It is expected that Bitcoin will fall again in the short term. It is not the right time to buy the bottom.
2. At the current position, the upward momentum is insufficient, and shorting is the only choice.
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A bunch of scumbags in the square are misleading everyone with all kinds of crooked and heretical ideas. Either the bears are coming and the price will fall below 60,000, or the bulls are coming and the price of Bitcoin will reach 80,000. Fuck all of you. Hold the spot and wait for Bitcoin to take off. The cost of Bitcoin mining is 85,000, and the main uptrend will come at any time.
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$BTC $100K BTC Will Take Some Time
Ok then. We finally had that moment.
$90K BTC - Nearing the iconic $100K level and retracting back. And this was needed for the greater good. 🪙THE ALTCOINS.
For altcoins to soar, the BTC.D needs to go down. Today after hitting $90K, a milestone achieved for the first time, price breached the oversold zone.
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