Happy New Year, a belated blessing, but full of emotions flowing between the lines...
During the New Year's Day holiday, in just three trading days, Bitcoin broke through the $30,000 mark strongly. What is the concept? Now it takes more than 200,000 RMB to buy one bitcoin. The Ponzi scheme that you once looked down upon, now you can't afford it. In the face of the mad bull situation, the market is crazy, retail investors are restless, a new year, a new beginning, and 2021 is destined to be a perfect start.
Recently, some people who eat melons are talking about: What is the most satisfying thing for you in 2020? It must be buying Bitcoin. So what is the most regrettable thing? I watched Bitcoin rise but I was waiting and watching. The rising price of Bitcoin in 2020 is like the housing price in 2016. It is a bitter tear to say too much. Some people got on the car bravely, while some waited and watched hesitantly. When the opportunity came to them in person, their hearts were full of regret. There was once a bull market in front of me, I was not sure, and I regretted it when I missed it. The most painful thing about investing is this. If God can give me another chance, I will definitely work hard. If I have to add a deadline to the investment, I hope to achieve the moment I expected.
Before, Mr. Tan briefly mentioned why Bitcoin rose crazily. Today, I will give a comprehensive explanation so that you will never be confused on the road of investment. The first is that the circulation of Bitcoin is already scarce. After the institutions entered, they frantically rushed to raise money, and they all planned to hold it for a long time. This made the supply of Bitcoin insufficient and further accelerated the rise of Bitcoin. (In addition to the well-known Grayscale, MicroStrategy, Paypal and many other institutions are rushing to raise funds together.) Secondly, Bitcoin has gradually developed into a safe-haven property like gold. "When the cannon fires, ten thousand taels of gold" alludes to gold, and secondly, it also has a certain impact on Bitcoin, especially after the gold surged and broke through the $2,000 mark some time ago, there was a wave of diving prices, and the loss of gold ETFs gradually into the digital currency market. With the right time, place and people, this year's epidemic is inevitable. The impact of the epidemic on various countries can be imagined, and it will also cause economic damage to various countries. In the end, the major central banks in the country will release a lot of water. With the mutation of the new crown virus, the epidemic will continue to extend for a period of time, and the price of Bitcoin will also be affected (there was an epidemic in the United Kingdom before, and today the epidemic in the United States was revealed to have infected more than 20 million people). A series, a series of factors gather, why is there no reason for Bitcoin not to rise? If you are uncertain about the interpretation of technical market and news, or you have a set list, you can discuss it with Mr. Tan.
On Christmas Eve and Christmas last month, Bitcoin gave us a wave of red envelopes, and then Mr. Tan also said that there will be another wave of red envelopes on New Year’s Day. As expected, Bitcoin directly broke through the $30,000 mark. Afterwards, it continued to soar, and the mad bull bulls directly rose to the $34,200 area. This wave of red envelope market instantly reached our medium and long-term goals, and also made many retail investors spend a happy New Year's Day holiday. Many people will say that it is a historic moment for Bitcoin to break through the new high in 2017, but Teacher Tan believes that breaking through the $30,000 mark is the most memorable moment. On the one hand, the $30,000 mark is the psychological goal of many people, and secondly, the new One year, a new starting point.
After Bitcoin broke through the $30,000 mark, many friends asked the author how to go about the market outlook? Teacher Tan also said above that when the right time, place, people and various factors are available, the market outlook is still bullish. First of all, in the first quarter of the beginning of the year, the short-term and medium-term layout of our layout will first look at the 40,000-dollar mark. The possibility of a callback will definitely make some practical judgments based on information and technical aspects, but in this process, you must be able to withstand the market's fall, temptation, and adjustment of your own mentality. For the mid- and long-term, it is to make a big expectation and layout according to the goal of the short and mid-term. As for whether it will reach the $50,000 mark, we can give a reasonable plan based on the actual situation (I believe it will). As for how much room for bitcoin to rise in the future? At present, the total market value of global cryptocurrencies exceeds 850.687 billion US dollars, and the total market value of Bitcoin exceeds 600 billion US dollars, accounting for about 70.9% of the total market value. Compared with the stock market value of well-known companies, the ranking has risen to 9th, surpassing TSMC and approaching Alibaba. The market value and future value are also immeasurable.
Bitcoin, the daily line has risen seven times in a row. The high point of the daily closing line is the low point of the next day. The currency price goes up along the upper track of BOLL and breaks through the suppression of this position. There is no obvious resistance above. The major technical indicators are running upwards, and the MACD kinetic energy in the attached picture is continuously increasing. It is expected that the bulls will continue to climb upwards. In the short term, after a wave of rising and diving, Bitcoin ushered in a second wave of upward trend, and the upward momentum is even stronger. Under such a trend, we only need to go long with the trend, even if there is a short-term smash If it falls back, it is your chance to enter the market.
Ethereum, our expected mid-to-long-term goal of $800 has also been successfully reached. Under the influence of Bitcoin’s surge, both ushered in a historic bull market. Under such a trend, there is no technical form to refer to the value of. When the bull market does not get on the bus, how long will you wait? Under the form of such a mad bull, only the size of your funds is the time to show your courage. You will support the bold, starve the timid, and play on the sidelines. Boldly and bravely follow the market, build positions in batches, leave the market with profits in batches, repeat the cycle, and make countless profits (applicable to small funds and small positions). For those who hold empty orders, in the face of such a big impact from the bulls, the author recommends that you give up resistance, keep the principal, don't be afraid of running out of firewood, follow the right person, and turn over the position is just a matter of time. The mainstream currencies have soared one after another. The happiest people at present should belong to the spot investors. The callback will continue to buy, buy and buy, and the middlemen will make the difference. The target will continue to look up.
