Market Analysis: Dismantling the possible impact of the $2 trillion New Deal on Bitcoin in detail
BTC market analysis
secondary titleBTC market analysis
It was rainy and windy last night, and I didn't sleep well all night. In January 2021, everything came so violently.
There is still no fundamental change in BTC. President Bai still has 3 days to take office. Comrade Chuan Jianguo is using his last privilege to redeem the past. Bannon is exonerated. You must know that as early as 16 or 17 years ago, this buddy delivered a speech on the new hegemony pattern, clarifying that we, as their number one enemy, should not have any mercy. As the North American adviser of the 21st century, Bannon's vision and strategy are terrifying.
Therefore, the large amount of 2 trillion stimulus will definitely have a significant effect on the recovery of the US economy and the control of the epidemic. It is foreseeable that the 21st year of the United States will definitely be a year of great recovery. Due to the hysteresis of the currency and the lack of economic momentum, other developed economies are destined to become abandoned children of this era, and another predictable strong recovery in the world, Still in East Asia, of course it is us.
soThen the $2 trillion stimulus, as well as the possibility of high-tech high taxes, will definitely have an impact on the short-term stock market stimulus, but this impact cycle can be foreseen to be short-lived, and the short-term weakening of the US dollar is for better recovery Manufacturing, infrastructure, so after the recovery of the US economy, the support for the dollar and the stock market will naturally rise. This is a pass-through effect, not an either-or seesaw effect.soIn the long run, BTC still has currency as a support effect,, the long-term logic still exists, but
The biggest short-term risk point lies in the short-term policy risk of the stock market
A negative impact on cryptocurrencies.There is also a relative risk point in technology, which we want to highlight today:
On the weekly line, BTC has doubled the increase of 20,000-40,000, which is about double the previous high of around 20,000.There are about 20,000 positions of the same pattern on the technology, and the confirmation of this pattern needs to be confirmed this week whether it is formed or not?
In the short-term, 38,000 is a short-term technical strength reference point. If it breaks through 38,000, then the short-term will continue to strengthen, and try again for a space above 40,000. If it cannot break above 38,000, re-test the position of 34,500 and it will not be stable. The confirmation signal above the weekly line is more sufficient, so the risk is increasing.
ETH market analysis
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ETH market analysisIf there is an adjustment in BTC, the short-term idea of ETH hitting a new high may face aborted. At present, we continue to wait and see, keep an eye on the trend of BTC, and make orders.
LTC/BCH/EOS market analysis
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LTC/BCH/EOS market analysisConfiguration can be done, but the consensus of the heavy warehouse still needs the fermentation of the market.
DOT/KSM market analysis
secondary titleDOT/KSM market analysis
The auction of Polkadot card slots is approaching. 2021 is a milestone year for Polkadot. Various market signals and news continue to flow, making the market consensus stronger and stronger. So in the past two days, there has been an increase of nearly 80%. Behind the madness is the consensus of the market, but behind the madness still depends on the face of BTC, because Polkadot has a great profit-making effect at present, so if the spiral of the vicious circle starts, it will be the spiral of the reaper, so we reminded everyone last night Don't be too happy, or
Remember to control the risk, either reduce your position or do some hedging.The market is calling 20, see 100, this kind of voice is a consensus, and it is also a smoke bomb. It is almost impossible for people who clamor for this kind of signal to get 100. The terrible thing is that people who get on the bus are fooling you "Come on" "Come on".


