
路遥 | LuYaoTrader|Mar 18, 2025 12:17
BTC - History is repeating itself! Will we face a decline like 519?
Fundamentals:
Bitcoin reserve landed, and the potential good policy of Chuanpu was expected to land
Federal Reserve interest rate decision, market expects to cut interest rates twice a year, starting in July
Technical aspect:
Confirmation of High Level Top Structure - Double Top
The price cannot break through the resistance of 91000 again, and it is in the middle of a downward trend
Compared to May 2021, the similarity of the 519 market is high, but it should be noted that before 519, the trend had already fallen for one month, with a decrease of 30%
Due to different fundamentals in 2021, 2025, and the absence of ETFs at that time, liquidity varied, and it is uncertain how strong the downward trend will be
So estimate the two most likely downward trends, paths 1 and 2
But it should be noted that path 2 will not arrive in one step
Everything that the analysis chart wants to express has been expressed, there is no need to ask if you don't understand, and there is no need to say if you understand
So, I have been saying that the second half of 25 years may be the opportunity to buy
Including potential interest rate cuts and technical downturns.
If you think November 2021 was the end of the bull market in the last round
So you don't think the bull market ended when Bitcoin fell from 60000 to 30000 in April 2021, do you?
So, what if history repeats itself?
I also wonder whether the existence of Trump+ETF will make history no longer simple repetition.
btc
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