Brothers, today gold and silver continue to hit new highs.
Setting the largest annual increase since 1979.
BTC hasn't even successfully broken through $89000?
Is there hope for the future?
From a timing perspective,
BTC has adjusted for more than half a year,
It's been 2 months since the big crash on October 11,
The timing is pretty much in place.
From a spatial perspective,
BTC's maximum drop from the peak is 40%.
The current drop is 30%, with many altcoins dropping 90%.
It's also pretty much in place.
Previously we said we are experiencing the beginning of a new cycle.
The previous cycle was dominated by BTC's old whales and dog owners,
Now this batch of people's chips is gradually being handed over to large traditional financial institutions.
A situation is forming where BlackRock, Vanguard, and Bank of America are the new dog owners.
These people have a cost basis at $90,000, and in the future, they will work together to push BTC towards $300,000,
(The cost for MicroStrategy is $74,000)
Right now, it’s just the accumulation phase, which may last another 1-2 months before a new rally begins.
At this time, if you don’t position yourself, when it goes up, chasing the high will lead to liquidation.
When gold wasn’t rising, everyone disliked it and went to buy stocks; but now that it’s rising, everyone says it’s amazing.
BTC is the same, when the big surge comes, there will be all kinds of statements, talking about BTC being amazing is revolutionary, releasing all kinds of positive news.
Currently, it is recommended to accumulate on dips, hold patiently,
Mainly buy BTC, the best time to position is when the market is in panic.
Continuing to position, those who want to catch up should hurry to the chat room, aggressively flipping positions to recover losses!!!
