Since the Bitcoin halving incident, it has also caused many people to worry, the trend of cryptocurrencies has been closely linked to the economy in recent years, and we are not only concerned about fundamentalsSome value-generating trends are also worth paying attention to, which may be able to cause Bitcoin to rise.
In its new report, Matrixport said: While the halving is coming (April 19, 20, 2024), the halving is never the top of the cycle. On the contrary, the halving means that the mining rewards are halved, and the Bitcoin bull market is just over halfway.
It is true that leverage is high right now,** and funding rates are excessively growing, but in the short term, the rally is likely to continue. We are in the midst of a Bitcoin bull runThe most critical thing now is to maintain an open position (long position) until this rally eventually follows the movement of the parabola and collapses under its pressure.
Cryptocurrency bull market overbought conditions tend to last longer than traders expectAnd when it should, overbought signals tend to attract more buyers, rather than showing mean reversion, which will be parabolic.
According to Tether's model of Bitcoin's impact, an estimated $10-$20 billion ETF inflow could have a huge impact on Bitcoin. It is estimated that for every $5 billion of new inflows, Bitcoin will **15%**. In addition, the shift in asset allocation to Bitcoin spot ETFs and ETFs may still be in its early stages. So let the bullets fly a little longer, and everything is still undecided.
In any industry, insiders make laymen's money. I don't understand the trend, I don't understand the investment strategy, I don't have a systematic investment method, and I don't want to bend down to learn from the experience of the masters. How do you succeed in the financial markets with the most smart people? Welcome to follow