Bitcoin rose from its 2018 low of $ 3,128, or nearly 20-fold after 122 weeks. This increase performed the best in the same cycle, among large financial markets. But a lot of people also want him to continue to perform well, so we will look from the weekly line, whether they will get it. First, the weekly macd has been running for two months after its death...
Grearice and fear are things that each of us cannot eliminate, for without greed and fear, that is the Buddha, and we are mere mortals. But not eliminated, does not mean not restraint, we can minimize their impact. The market is not supported by much fundamentals, and has been highly leveraged by the exchange, and the participants are young, which is doomed to...
Here is a chart comparing the Nasdaq 100, Bitcoin, and the Shanghai Index, which is in a position to break out of its long-term downtrend line on a weekly basis. Once this long - term downtrend line breaks, it opens up a lot of upside. The Nasdaq and Bitcoin have proven this logic in time. Given the current state of global financial markets, the Fed's...
Almost all the tokens in the market were spared this cascade dive. Bitcoin is down more than 50%, and shanzhai is down even more. But it is not surprising that the currency has fallen so much, as it always has. As I said before, take a map of the top 20 market values and look at them a year later. There are still a few more. Since 2018, those boastless Niucoin,...
What is cognitive impairment, popular point speaking, each of us are in a well, a little big well, some small point. The wellhead determines our perception of the sky. This well is our obstacle. Right and wrong, we can not own objective judgment, all from the outside world. Copernicus said that the Earth was not the center of the universe, but most people could...
Crash, with strong randomness. Not decided one day, the so - called quantitative change to qualitative change, is a process. Since Musk began dyeing Bitcoin, the market has become sour, and for today's results, there is no need to throw the pot to Chinese regulators. Originally is a high bubble market, adjustment is inevitable, but because the participants from...
Bitcoin has been so weak recently that the total market value has reached 40%, a new low since 2018. The rise of copycat coins and Musk's constant denigration made Bitcoin a little out of reach. But Wang will always be king. Without Bitcoin, I don't know if the digital money market can survive, because 99% of tokens come from Bitcoin. Of course, history will...
If $40000 falls, I won't be shocked to see $20000 of Bitcoin this time next year. In fact, the market has been highly speculative, even the so-called Wall Street institutions have entered, can not prove that the market is very mature. Because there is no regulation, a so-called decentralized market, is controlled by some central institutions. An inappropriate...
The Dow Jones Index has risen for more than a year. Although the Federal Reserve continues to release water, the market has ample funds, and the Dow Jones index indicators continue to fail, this time the Dow Jones Index deviates from the daily macd top, and it may not be easy to pass the barrier safely. On the one hand, the market has accumulated too many...
A 15-fold increase in 57 weeks isn't the biggest rally in bitcoin history, but it's a standout compared to the surrounding markets. US stocks tumbled and the US dollar rebounded yesterday after the release of higher than expected CPI figures, intensifying expectations for US interest rate hikes. But the digital currency market seems to be stable, but the Federal...
Technical indicators can not solve the problem on the left side, but when used on the right side, the effect will be very obvious. Doge, although we cannot know when he peaked and how much, we can strictly implement the strategy on the right. If you can stick to the standard every time, you won't be harvested. This is the value of technical indicators, which are...
History repeats itself all the time, but human greed and fear never change. Anyone who participated in the 2017 digital currency bull market will remember how crazy it was. The myth of the thousand-fold coin is constantly circulating. XRP was also a World War I god. But after that, I didn't stop on my way to zero. Maybe some people made a lot of money in that...
After breaking the lower trajectory of the upward triangle, bitcoin staged a rally, but only to correct the downward slope. Now we see that MA6 is suppressing, and there is an upward channel here, and we have to pay attention to whether the support of the lower rail is effective. Once the channel falls off the rails, it can dip to its former low of about...
After CME, one of the last bull market killers, launched the contract, Bitcoin ended its bull market at $19,000 and entered a two-year bear market correction, with a range decline of more than 80% and countless copycats going to zero. Yesterday, the CME bitcoin contract opened, leaving a gap of more than $2,000 to jump, let the above five days of the K line,...
Bitcoin's "floating flag" is well established, breaking the lower side of the "triangle" on the downside today, triggering a long unwinding, with $600 million of holdings disappearing in one day at OKEx and Huobi. Here's a reference. The CME exchange is closed from Saturday to Sunday, so when it opens on Monday, the movement of the CME's bitcoin contracts will...
Yesterday the world's wayward richest man,Elon Musk, said Tesla would accept bitcoin as payment. The market rebounded, though much less strongly than the last time he bought bitcoin. I think Musk's acceptance of Bitcoin as a payment currency is a bit more of a show off. You know, he's always been a showman, and in this day and age, showmen are more likely to be...
Not much today, simple point, in the chart, the indicator MACD top deviation formed at 8 a.m., since then has been negative, indicating that there is a fund to identify the departure, gradually leaving the market. This position forms a top deviation that needs to be paid attention to. But deviations are not the only condition for a fall, so many people say that...
There has been no update recently, because there is no inflection point in the market trend. I do not write articles for the sake of writing when I publish articles in TradingView. I only express the point when I feel it makes sense. For those readers who follow and trust me, it may be a long time before I see an article, so I apologize here. The price of bitcoin...