peter-l

Believe Musk or believe the laws of the market?

BITSTAMP:BTCUSD   Bitcoin
Yesterday, Bitcoin entered a technical rally cycle with a 4-hour bottom divergence. The rally is stuck on a trend line today. When the afternoon is about to break, the market suddenly came good. Musk changed his Twitter profile to Bitcoin. This set off a chain reaction in the market. The price of bitcoin skyrocketed. But I do warn you. Everything has its own law.

The operation of the market cannot be changed by the will of the individual. The MSB incident of the past few days has been very revealing.

Market trading, itself is affected by a variety of news and the left and right. But news doesn't change trends, it only strengthens them. Good news in a downward trend, for example, can only delay the decline. Bad news accelerates.

So we see a lot of news affecting Bitcoin in history, far from it, Tether event in October 2018, China high-level blockchain conference event in October 2019. I remember it all. I've written about it.

Musk is not a god, and he won't change the trend. Everyone trading, to respect the market, do not rely on luck.


30年的A股投资经历,水平虽然不高,但经验足够丰富。熊市避坑,牛市逃顶,对于新手可能有所帮助。
需要每日分析,请搜索微信号peter-tqbj,需要股市投资建议搜索星球{抱团取暖,迎接A股牛市},或者星球号64802450
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.