Abstract: Bitcoin’s “bull market” is coming, with a market value exceeding US$300 billion
Author’s case
For many years, the currency circle has been ups and downs, seen mountains, flowing through rivers, and finally able to go through the moon and enter the world again. Lao Xu will learn from history and speak with data, and will teach you all the experience in the currency circle for many years! May every friend of Dahe Consensus Academy be both a witness of history and a beneficiary of the times.
Lao Xu has something to say
Bitcoin broke through the 16,000 mark yesterday, and funds attracted the big cake to rise alone. According to the news, Grayscale assets reached US$94, and Bitcoin’s market value was close to US$300 billion, making it currently ranked 20th in the world. After breaking through the 16,000 mark, the rise intensified, and the market funds were sucked away by the big cake again, and the bullish sentiment was very strong. The combination of uncertainty in the external environment and risk aversion sentiment has led to funds becoming more favorable to big cakes. The market is in an upward stage. I expect the high point to be around 17,580. The trends of other currencies are relatively weak, but the spicy bars are affected by the renewed increase in holdings of Grayscale, which has also absorbed a lot of funds and brought about independent market trends.
market analysis
current market trend is consistent with yesterday's analysis, big cake is currently in a large-level high-level divergence stage. Usually, it is mainly bearish after being diverged, but continuing to divergence up by 16,000 is the bottom of the bull market. The current trend is also consistent. The daily bulls continue to release, and the 6/12-hour divergence rises, and the accelerated rise is in the stage of accelerated growth. The current market is equivalent to the start trend of the big cake on 11.5, with main bulls as the main ones, and short positions will be eliminated when the short positions reach the point. Today, the upper pressure is 16500/16870/17380. These pressure levels can be short, but the bull trend is mainly due to the main trend.
operation suggestions
focus on 16500/16870/17380 today;
recommends that it is around 16250, the target is the same as the upper pressure level;
steady long orders 16150/16250, the target is the same as the upper pressure level;
short short position 16500/16870/17380 position short position, the profit is gone, the profit is about 200 US dollars;
recommends that the stop loss support level pressure level 50/100 points depends on personal operating habits.
Statement: The strategy is for reference only, you will be responsible for your own profits and losses, and the market conditions are changing intraday. It is recommended to take real-time trading operations as the basis.
points are timely and there is a delay in sending posts. Please refer to the real-time market conditions for details. Again, do a good job in risk control. No matter how high your judgment of future market conditions is, you must take profit and stop loss well!
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