《BTC is about to reach 100,000? Is the bull market really coming?》
BTC seems to be about to reach the 100,000 mark, which makes people wonder: Has the bull market really arrived? It is not easy to fully explain whether the bull market has arrived, but we can pick a few important indicators to discuss.
First of all, from the perspective of time, BTC has been sideways for seven months, and now it has entered the Q4 quarter. Usually, not only the currency circle, but the entire financial market tends to perform well in the last quarter.
Secondly, large-scale water release has begun on a global scale, and liquidity is bound to become increasingly abundant. In addition, the miner index has a blue label for the second time. This indicator has been mentioned before and has a high accuracy rate.
Furthermore, observing the data lines of long-term holders and short-term holders, signs of turning around have begun to appear. Now long-term holders are gradually increasing their selling, while short-term holders are starting to hold positions. From a historical perspective, this is often a signal that a bull market has begun. When the two intersect, it may be a bull top.
Stablecoins have also begun to show a growth trend. Although the growth rate is not large, the types have increased. At the same time, global liquidity has also begun to turn upward and slowly increase.
From the current situation, the important negative factors visible to the naked eye below are not obvious, and the general election is coming. From the historical performance, the financial market usually performs well at this time.
Looking at the data released by the old Americans, the capital risk seems to have disappeared, the economic performance is strong, and no one mentions the hard landing and soft landing.
Finally, from the analysis of the K-line trend, it also supports the judgment that the bull market is coming. It breaks the pattern of falling highs and lower lows since March. From the perspective of the Dow Theory cycle, the daily level market has reversed. There is no reason to be bearish at present. Even if there is a callback in the middle, it will not affect the bullish trend. After all, it is normal for the big trend that has just started to have some ink marks, shaky, and weak rise. Otherwise, how can the leeks be thrown off the car, and how can the leeks be given the illusion that the big cake cannot rise?
