The market performance so far has been quite good.



Bitcoin's bullish indicators have yet to break through the 21-week moving average. Honestly, this is actually a positive signal because it is somewhat similar to the trend we saw in 2019.

I have a judgment about the current market environment — it is basically the same setup as during that period in 2019. Remember when Bitcoin also broke below the 50-day moving average but then recovered and launched that impressive bull run?

The key point is that the current macroeconomic structure is eerily similar to that time. This is not a coincidence, but something worth observing.
BTC-0,07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
OffchainOraclevip
· 01-09 05:35
I was also there during that wave in 2019, this time I really feel a bit familiar.
View OriginalReply0
NotFinancialAdvicevip
· 01-06 16:55
I experienced the market trend in 2019, and this time it really feels similar, like bottoming out.
View OriginalReply0
SocialFiQueenvip
· 01-06 16:54
I really made a profit during the wave in 2019, and now it feels like it's coming again.
View OriginalReply0
ClassicDumpstervip
· 01-06 16:50
I missed the wave in 2019. If this can truly be replicated, it will be a huge profit.
View OriginalReply0
rugpull_ptsdvip
· 01-06 16:50
I missed the wave in 2019. Whether I can successfully buy the dip this time all depends on luck.
View OriginalReply0
MetaNomadvip
· 01-06 16:43
I also went through that wave in 2019. This time really feels similar; now it's just a matter of whether we can hold on.
View OriginalReply0
StakoorNeverSleepsvip
· 01-06 16:34
I also went through that wave in 2019. This time really feels a bit similar... But it still depends on whether it can break through later.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)