CryptoExplorers says
Bitcoin has hit a new high again, and most of the people who have risen do not know their mothers. Those who once said that Bitcoin is a cx scam, are air coins, and now they don’t know what they feel about 400,000 Bitcoins. The only certainty is that they can't afford too much. This kind of denial of new things and not learning is bound to be harder to achieve greater success. Fortunately, we are all still there. We have been sticking to the sky-high price from 2017 to the present. As for whether Bitcoin will have a higher sky-high price in the future, madmen dare not make any conclusions here. At the end of 2018, when Bitcoin was 3,000 U.S. dollars, the madman told everyone that it was the bottom of the century. You can buy it with your eyes closed. When the overall price hovered at 6,000-10,000 U.S. dollars in 2019, the madman shouted that the next few years are just the bottom range. Looking back a year later, it was just a drop in the ocean. Now these judgments have been fulfilled. Although the evidence left in the big house before is gone, old readers must be able to prove it for me. In the general direction, the madman did not let everyone down. In the short-term process, the judgement success rate basically exceeded 50%, indicating that in the long run, following the analysis of the madman can make a lot of money. This is also the cryptoexplorers from the beginning of writing about the public The original intention of the number is to bring you value, not those fancy typesetting and routines. The good news is that although we are squeezed in a small house, we are still familiar faces. It is this group of people who hug each other to keep warm. We have experienced despair, cold and helplessness together, but we are warm to each other. Having spent the most difficult years of life, and now keeping the flowers in full bloom, it can be regarded as a lot of improvement for their respective lives. Especially in 2020, when the epidemic is raging and most of the real economy is frustrated. At this time, the currency circle brings us not only confidence, but also a cognitive curve overtaking. No matter how much we gain this year, as long as we are On the way to profit, we will go farther and farther. For everyone, everything is the best arrangement, enjoy the feast of the moment, and be ready to retire at any time.
Since the last time OKexCEO yelled that Bitcoins below 50,000 will never be seen again, BlockstreamCSO tweeted that we will never see Bitcoins below 60,000 anymore. That madman set up another chess piece today, we can not only see 60,000 For the following bitcoins, you can still see those below 50,000, and maybe you will see below 40,000. The judgment logic is as follows:
1. In the wave of breaking through $60,000 yesterday, the Bitcoin premium of Coinbase plummeted by 3548%, and the negative premium exceeded 0.6%. You must know that Coinbase has been the lead buyer before, and it continues to be at a positive premium, indicating that the main force of this move is not the Americans. So who is it? From the data point of view, the price difference between Binance and Coinbase is the most significant, indicating that it is driven by Binance’s stablecoin. Then the Chinese have the most security ball stations. Therefore, we have reason to judge that the price of this offer is large. The probability is that the Chinese people come in to take the market, which means that Bitcoin has begun to enter the fishtail stage, and the risks have gradually outweighed the benefits.
2. The average price of Bitcoin bought by most institutions in the United States is around 20,000 US dollars, and the earlier ones are around 12,000. The relatively high Tesla is only 30,000 US dollars. Now Bitcoin has risen above 60,000, which means Most institutions already have 2-5 times the income. In addition to the selling pressure of miners, they will also face the pressure of US institutional profiters to ship. This is a potential smashing kinetic energy.
3. According to the Qiaoshui Investment Officer, as the U.S. economy improves and inflationary pressures, the Federal Reserve will gradually tighten its stimulus plan, leading to a new round of economic downturn, so the selling speed of U.S. bonds will accelerate (U.S. bond yields). Rate continues to climb), which will be negative for various risk assets in the long term. This is also the potential risk of US institutional investors at the macro level.
4. The Bitcoin that Zhao Changpeng bought in 2014 has achieved a return of 100 times. Although he himself said that he will hold it for a period of time, no one can estimate this time. 100 times does not make sense for anyone to go silly.
The main logic is clear. This is the madman’s overall idea of judging the fishtail market. Maybe the crazy market will continue to hit me in the face, but this madness is already unsustainable. On the one hand, early investors’ profits have ended, on the other hand. It is the expensive Bitcoin that caused the buying to begin to weaken, and eventually the market will have its own way of operation. You must have your own investment ideas in the bull market. The analysis of the madman is for reference only.
Purpose’s Bitcoin ETF increased its holdings by 1,683 last week. Grayscale Trust did not increase its holdings. All the buying went to ETFs. Obviously, ETFs have more investment advantages than trusts.
Li Xiao said that he did not hold any bitcoins, and sold all of them for $3,000. This is unlikely, more or less hundreds of thousands have to be kept, after all, there will be no more than a few hundred thousand dollars in the past, and enough faith. Now the big players in the currency circle say that there is no Bitcoin, this is to prevent future accountability. The madman suggests that everyone says that they don’t have Bitcoin when they go out. This is the best way to protect yourself. Showing off your wealth will either be jealous or jealous, or you will have to treat yourself to dinner. It’s no good.
Market analysis
Bitcoin:
Bitcoin is still in an upward trend, but the 4-hour level has already begun to deviate. If the adjustment is started in four hours, it means that the deviation of the daily level will be confirmed. Combined with the delivery of option futures in the second half of March, madmen believe that the probability of a callback It will be greater than continuing to rise, so it is always good to lighten up your position. After all, it is difficult for this position to double again, but it is not too difficult to double down.
ETH:
The linkage pie has not yet reached a new high, indicating that it is weaker than the pie, and the weak linkage is the mainstay.
DOT:
The high position continues to fluctuate, and there are expectations of new highs.
LINK:
Today, I was a bit sucked by the big pie, which itself also shows that the market is starting to lack funds. The currency circle's market value of 1.8 trillion US dollars still needs a large amount of incremental funds to support, and it will continue to fluctuate in the short term.
LTC:
Rushing higher and lowering, continue to oscillate at a high level.
BSV:
Yesterday, I pulled a wave and brought a wave of my younger brother BCH, but it is expected that it will not be sustainable. After all, the top jail is still too big.
ADA:
The high position continues to oscillate, and you can hold it first without breaking yesterday's low.
XMR:
The shock is mainly upward.
ZEC:
The short-term performance is not very good, the upside is a little weak, and the position is lightened.
FIL:
Having hit a new high recently, we can see that weak coins such as EOS, ETC, and FIL have all made up for a certain degree, which is the end of a wave of rising prices. FIL has just broken through, as long as you stand firmly today, you can hold it first.
UNI:
If it reaches a new high, it is still an opportunity to lighten up.
DOGE:
Musk continued to milk, proposed the Dogecoin Day, and gave the origin story. Today’s trend is like climbing out and going higher.
That's it for today, I wish you all a happy weekend, see you tomorrow.