Bitcoin - How to cope with the Global Crisis?
Hi everyone, welcome back to Xuanhaimmoer's analysis.
Hope you leave 1 like, 1 share and comment for us to discuss more.
First I want to say that this is my hypothesis from March 13 and today I write it in more detail with what I think it is likely to happen.
As you know, we have a collapse that is beyond the expectation of most people. In the cycles of Bitcoin, this is the first cycle that we have falling while in the momentum of entering a new rising wave of the cycle. And this is also the first year that Bitcoin and the cryptocurrency market are facing a highly probable economic crisis at the present. Will Bitcoin become a safe asset? That will be evident soon in the next 2 years, it would be great if the value of Bitcoin increased sharply when the Fed pumped money to the market with big bailouts.
Pretend I'm crazy about Bitcoin and I believe in Bitcoin. So my view will be more positive about the market at this point when my assumption is bullish.
I think we will maintain and accumulate at the bottom of the MA100 - MA200 week frame. And obviously we are having a big rally from the bottom of $ 3800. The bulls will not let the bears dominate as Bitcoin plunges into the $ 3,000 - $ 4,000 range. I think in here the bulls and the big guys will buy a lot because they believe in Bitcoin. According to the survey, I found that large wallets contain Bitcoin, they have not moved their Bitcoin amount, whether it is up to 14000 or down to $ 3,000. This proves that the market has a great attraction and it brings big profits for long-term investors.
My hypothesis is that we will form a parabolic support model for accumulation and growth. The task is that we need to go back past $ 8100 (Pivot of the year) for the magic bull to return.
What do you think about this assumption? Please like and discuss below.
Hope you leave 1 like, 1 share and comment for us to discuss more.
First I want to say that this is my hypothesis from March 13 and today I write it in more detail with what I think it is likely to happen.
As you know, we have a collapse that is beyond the expectation of most people. In the cycles of Bitcoin, this is the first cycle that we have falling while in the momentum of entering a new rising wave of the cycle. And this is also the first year that Bitcoin and the cryptocurrency market are facing a highly probable economic crisis at the present. Will Bitcoin become a safe asset? That will be evident soon in the next 2 years, it would be great if the value of Bitcoin increased sharply when the Fed pumped money to the market with big bailouts.
Pretend I'm crazy about Bitcoin and I believe in Bitcoin. So my view will be more positive about the market at this point when my assumption is bullish.
I think we will maintain and accumulate at the bottom of the MA100 - MA200 week frame. And obviously we are having a big rally from the bottom of $ 3800. The bulls will not let the bears dominate as Bitcoin plunges into the $ 3,000 - $ 4,000 range. I think in here the bulls and the big guys will buy a lot because they believe in Bitcoin. According to the survey, I found that large wallets contain Bitcoin, they have not moved their Bitcoin amount, whether it is up to 14000 or down to $ 3,000. This proves that the market has a great attraction and it brings big profits for long-term investors.
My hypothesis is that we will form a parabolic support model for accumulation and growth. The task is that we need to go back past $ 8100 (Pivot of the year) for the magic bull to return.
What do you think about this assumption? Please like and discuss below.
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Last update - continuing going exactly
