Thursday, March 18, 2021

The real bull market has not yet arrived! Put a long line to catch a big fish

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.

https://preview.redd.it/r2gfom9hbxn61.jpg?width=1080&format=pjpg&auto=webp&s=1c47e89366f7a87506aa3b093d6a6f2c2be0d845

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.

In other words, the small fluctuation range of Bitcoin is between 52,000 and 62,000 for a few days. The fluctuation range of a large parallelogram is 28000~62000. If the breakthrough is successful, its price will increase at the speed of a rocket launch. Of course, everything is not 100%, so we must be vigilant against certain risks and unpredictable risks. It is expected that the callback will not be less than 51,000. During the Bitcoin shock period, some new coins will be launched in turn, among which there are many low-quality coins. Therefore, when entering the market, please choose carefully, otherwise, the low-quality coins in your hand will successfully make you miss the rare bull market in many years.

According to my previous predictions, the second goal of Bitcoin is $62.000, which has now been reached. So the third and next target is US$79,000 and the fourth target is US$108,500. If you choose to go in the long-term, the end of the Bitcoin bull market is expected to reach around $250,000 to $300,000.

The subsequent growth of Ethereum will surpass that of Bitcoin. Ethereum's next goal is $2,600, the second goal is $3,500, and the third goal is $4280. In the long run, it is expected to reach about 15,000-20000 US dollars. This is just very conservative. According to forecasts, the actual market out-of-control may be far more than this, and the future view will be constantly updated according to the development of the market.

Summary:

1.The bull market is still in progress, and the truly turbulent bull market has not yet begun. At present, this is only the warm-up stage, and the follow-up market will continue to refresh everyone’s understanding. Therefore, buy low, don't chase the rise, and sell the fall. Getting rich cannot be achieved overnight. Achieving prosperity requires you to maintain a calm mind when the market rises and falls slightly to wait. The arrival of the late skyrocketing.

  1. In the big bull market, not all coins have skyrocketed, and not all coins have risen the same. Among them, high-quality currencies will gradually expand from the lowest point of the bear market to the highest point of the bull market and increase by hundreds of thousands of times. Therefore, we must choose high-quality, valuable potential tokens. During the bull market, the ranking of the top 20 coins in the market will be reshuffled.

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