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2022-2-8 Bitcoin's difficult road
1.Based on BTC volatility and the speed of construction of tops and bottoms.
Short cycle: 30M-2H;
medium cycle: 4H-1D;
long cycle: 1W-2W.
Of course BTC is making history and we should keep adjusting to it.
2.Conclusion:Not a bottom! Short cycle,
medium cycle bear market; long cycle bull market.
But the strength cannot support a long-cycle bull market going forward.
It is likely that this rally will be followed by a long-cycle bear market.
3.The height of this rally is around 48513,
but there is also a risk that the top of the rally could see a long pin k of 2000 US dollars
Short cycle: 30M-2H;
medium cycle: 4H-1D;
long cycle: 1W-2W.
Of course BTC is making history and we should keep adjusting to it.
2.Conclusion:Not a bottom! Short cycle,
medium cycle bear market; long cycle bull market.
But the strength cannot support a long-cycle bull market going forward.
It is likely that this rally will be followed by a long-cycle bear market.
3.The height of this rally is around 48513,
but there is also a risk that the top of the rally could see a long pin k of 2000 US dollars
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