This week: Bitcoin's latest dynamic research report
Updated
This week: Bitcoin's latest dynamic research report
Bitcoin hit a new record high on Monday, reaching around 106,500.
As shown in the figure:
According to the mirror trading analysis, three price closed loops of ABC were formed, and energy conservation was achieved.
Oscillation 1: The first pause after a rapid rise, manifested as a hasty oscillation.
Oscillation 2: The second wave of oscillation after the upward trend, characterized by full adjustment.
Oscillation 3: The third wave of oscillation is followed, characterized by emotional shock, and the divergence between longs and shorts reappears.
Point A indicates: Bitcoin diverged in the process of exploring the highest point, and the first anchor point appeared after the bulls took large-scale profits.
Point B indicates: We reflected this force in a mirrored way, and the first possible high point that appeared was just around 106,500, which was an unfinished high point caused by the lack of volume.
Point C indicates: The subsequent oscillation adjustment clearly showed a divergence between longs and shorts. Finally, driven by the policy, the missing volume of Bitcoin returned again. A new high was achieved in one fell swoop.
Points B and C completely completed the price closed loop.
Then the next range of fluctuations: 106500-103000-100000
Plan for intraday trading within this range.
After discussing the technical analysis, let's discuss how Bitcoin will perform this week?
Here is my personal summary:
1: Last weekend, there were news reports that Trump would continue to set up a Bitcoin strategic reserve fund, and the price of Bitcoin rose as a result. Now, the market is looking forward to the value of Bitcoin breaking through $110,000. (Sentiment)
2: Since Trump was elected on November 5, Bitcoin has soared by more than 50%. (Underlying logic)
3: Trump's choice of Paul Atkins, who supports the crypto industry, as chairman of the U.S. Securities and Exchange Commission (SEC), and the broader regulatory direction under "Trump 2.0", are "of great positive significance" to the broader crypto industry. (Policy)
4: Market participants are full of expectations for Trump's support for digital assets and his commitment to making the United States a dominant force in the global crypto industry. This optimism is directly reflected in the strong demand for crypto ETF products from institutional investors. (Emotion)
5: The current US government is undermining the role of the US dollar as the global economic reserve currency, using it for political purposes, and forcing many countries to turn to alternative assets including cryptocurrencies. (Facts)
Political closed loop:
1: Trump regime = Bitcoin rise = gold fall
2: China + BRICS = gold rise = Bitcoin fall (do not recognize its legality)
So we see that the current trend of gold and Bitcoin is full of political games between the two sides.
Reality: The scale of US dollar debt is huge, and new tracks need to be found to solve huge economic risks
Reality: The BRICS countries led by China are frantically seeking to de-dollarize and break away from the economic harvest of US hegemony.
Variety cycle:
Bitcoin: 15 years
Gold: Thousands of years
It has to be said that using 15 years of technology to subvert thousands of years of gold standard is full of huge challenges and risks. It is also full of huge opportunities.
But as a rational analyst:
The following is my personal opinion:
1: Bitcoin is a brand new concept with its unique use significance. As a target selected by the US empire, it has the strongest growth power in the world. The new generation of young people are more likely to be obsessed with it.
2: Gold is a traditional, world-recognized standard. It has been verified countless times and is a truth. It is supported by the whole world. The role of gold and Bitcoin is actually the same.
3: Without gold and Bitcoin, there will still be other new things to replace their positions, such as shells used by primitive people, isn't it?
Summary: So the real core is that the United States needs Bitcoin, and the capitalism on the verge of bankruptcy in the world needs Bitcoin to reshuffle. Redistribute the wealth of the world.
It's like everyone is playing a game, and the boss has lost all his chips and can only win by changing the rules.
The question is: Can the United States continue to be the boss?
All this is just the means and conspiracy of politicians.
Viewpoint:
In the short term, Bitcoin is still bullish, and it will continue to be crazy. This is an excellent opportunity to harvest the world's wealth to fill the US debt, so it will continue to release positive news.
At least during Trump's term, Bitcoin will be his political means and weapon.
In the long run: Gold's gold standard will never be lost. But the game will exist for a long time.
Gold will not fall sharply, it will continue to fluctuate widely, and will also shift upward for a long time.
Until the final victory or defeat appears.
That is the outbreak of the war between the ultimate superpowers. At that time, gold will definitely kill Bitcoin in seconds.
Trump does not want war when he takes office, because war is no longer the optimal solution to plunder the world's wealth. It will only continue to expand the scale of debt.
So as speculators, we need to be vigilant at all times that we will be harvested in one go in the process of chasing the rise.
In the short term, I am still bullish on Bitcoin, but I must pay attention to my holding time and the proportion of funds used.
I personally think that after every big drop, it is an opportunity for us to go long, rather than mindlessly chasing long at high levels.
This is the trading rhythm we should have.
Bitcoin hit a new record high on Monday, reaching around 106,500.
As shown in the figure:
According to the mirror trading analysis, three price closed loops of ABC were formed, and energy conservation was achieved.
Oscillation 1: The first pause after a rapid rise, manifested as a hasty oscillation.
Oscillation 2: The second wave of oscillation after the upward trend, characterized by full adjustment.
Oscillation 3: The third wave of oscillation is followed, characterized by emotional shock, and the divergence between longs and shorts reappears.
Point A indicates: Bitcoin diverged in the process of exploring the highest point, and the first anchor point appeared after the bulls took large-scale profits.
Point B indicates: We reflected this force in a mirrored way, and the first possible high point that appeared was just around 106,500, which was an unfinished high point caused by the lack of volume.
Point C indicates: The subsequent oscillation adjustment clearly showed a divergence between longs and shorts. Finally, driven by the policy, the missing volume of Bitcoin returned again. A new high was achieved in one fell swoop.
Points B and C completely completed the price closed loop.
Then the next range of fluctuations: 106500-103000-100000
Plan for intraday trading within this range.
After discussing the technical analysis, let's discuss how Bitcoin will perform this week?
Here is my personal summary:
1: Last weekend, there were news reports that Trump would continue to set up a Bitcoin strategic reserve fund, and the price of Bitcoin rose as a result. Now, the market is looking forward to the value of Bitcoin breaking through $110,000. (Sentiment)
2: Since Trump was elected on November 5, Bitcoin has soared by more than 50%. (Underlying logic)
3: Trump's choice of Paul Atkins, who supports the crypto industry, as chairman of the U.S. Securities and Exchange Commission (SEC), and the broader regulatory direction under "Trump 2.0", are "of great positive significance" to the broader crypto industry. (Policy)
4: Market participants are full of expectations for Trump's support for digital assets and his commitment to making the United States a dominant force in the global crypto industry. This optimism is directly reflected in the strong demand for crypto ETF products from institutional investors. (Emotion)
5: The current US government is undermining the role of the US dollar as the global economic reserve currency, using it for political purposes, and forcing many countries to turn to alternative assets including cryptocurrencies. (Facts)
Political closed loop:
1: Trump regime = Bitcoin rise = gold fall
2: China + BRICS = gold rise = Bitcoin fall (do not recognize its legality)
So we see that the current trend of gold and Bitcoin is full of political games between the two sides.
Reality: The scale of US dollar debt is huge, and new tracks need to be found to solve huge economic risks
Reality: The BRICS countries led by China are frantically seeking to de-dollarize and break away from the economic harvest of US hegemony.
Variety cycle:
Bitcoin: 15 years
Gold: Thousands of years
It has to be said that using 15 years of technology to subvert thousands of years of gold standard is full of huge challenges and risks. It is also full of huge opportunities.
But as a rational analyst:
The following is my personal opinion:
1: Bitcoin is a brand new concept with its unique use significance. As a target selected by the US empire, it has the strongest growth power in the world. The new generation of young people are more likely to be obsessed with it.
2: Gold is a traditional, world-recognized standard. It has been verified countless times and is a truth. It is supported by the whole world. The role of gold and Bitcoin is actually the same.
3: Without gold and Bitcoin, there will still be other new things to replace their positions, such as shells used by primitive people, isn't it?
Summary: So the real core is that the United States needs Bitcoin, and the capitalism on the verge of bankruptcy in the world needs Bitcoin to reshuffle. Redistribute the wealth of the world.
It's like everyone is playing a game, and the boss has lost all his chips and can only win by changing the rules.
The question is: Can the United States continue to be the boss?
All this is just the means and conspiracy of politicians.
Viewpoint:
In the short term, Bitcoin is still bullish, and it will continue to be crazy. This is an excellent opportunity to harvest the world's wealth to fill the US debt, so it will continue to release positive news.
At least during Trump's term, Bitcoin will be his political means and weapon.
In the long run: Gold's gold standard will never be lost. But the game will exist for a long time.
Gold will not fall sharply, it will continue to fluctuate widely, and will also shift upward for a long time.
Until the final victory or defeat appears.
That is the outbreak of the war between the ultimate superpowers. At that time, gold will definitely kill Bitcoin in seconds.
Trump does not want war when he takes office, because war is no longer the optimal solution to plunder the world's wealth. It will only continue to expand the scale of debt.
So as speculators, we need to be vigilant at all times that we will be harvested in one go in the process of chasing the rise.
In the short term, I am still bullish on Bitcoin, but I must pay attention to my holding time and the proportion of funds used.
I personally think that after every big drop, it is an opportunity for us to go long, rather than mindlessly chasing long at high levels.
This is the trading rhythm we should have.
Trade active
Trade closed: target reached
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