Go! Go! Go! The big move is coming. The weekly bottom of Bitcoin may have been formed.

CN
2 months ago

The previous article mentioned: The bull market in cryptocurrency may officially start as the bull market is dead! More than a month has passed since then, and the lowest point mentioned in the previous article on August 5, 48906.7, has never been broken again. This is very likely to be the lowest point for a very long time, even forever.

The universe is a super central processor, precisely regulating every event. Its calculation logic is difficult for us humans to speculate with our current computing power. However, there is no need to doubt it. All causes and effects are connected in chaos, departing on time.

Coinciding with the Mid-Autumn Festival, on the fifteenth day of the eighth lunar month, Bitcoin completed its retracement on this day and officially started a major bull market with mysterious reasons. If you understand the Yin and Yang Five Elements, comprehend the Heavenly Stems and Earthly Branches, or know about Gann's theory, you should understand what I am talking about.

If the prediction is accurate, when the big cake reaches its bottom, a materialistic worldview would explain it as the possibility of the Federal Reserve announcing the start of an interest rate cut cycle on September 18, which will lead to more and more money pouring into the market. It doesn't matter who is right. The world is inherently a balance of yin and yang, known as the Tao. The world should be a combination of materialism and idealism, matter and consciousness, ultimately merging into one. Under the precise calculation of the universe, all coincidences are not coincidences.

Returning to trading, traders consider probability and risk-reward ratio. So, let's take a look at the weekly chart. If the past six months of adjustment is a consolidation of the annual increase in 2023, should we find a low point to buy on a small cycle to gain the most favorable outcome?

Technical analysis is certainly useful, and there are various methods. When they resonate and point in the same direction, the market will move smoothly. What if it is supported by fundamental analysis as well? BANG!

When people's hearts are united, mountains will be moved. Many people believe that technical and fundamental analysis are mutually disdainful. However, think about it, isn't the market composed of traders with different views and analysis? If they are not united, the market will fluctuate, which has formed the market pattern of the past six months. Now, technical and fundamental analysis are about to align. The only thing you cannot do is to go against the tide. Let's look forward to the market in the next half month.

I have boarded the train, integrating knowledge and action.

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