peter-l

peter-l

The trend of bitcoin cycles out of sync has led to the current long-short stalemate Bitcoin has been around $30,000, for nearly two months, but it has not been slow to break the deadlock, although there are the so-called benefits of Ripple, the blessing of Sister Wood, and the remarks of the richest man. But the market has been tepid, as set at $30,000. Although...

peter-l

This wave of market should be said to be a very typical war example. It took the bulls 2 months to create a bear trap, and finally the Jedi counterattacked, crushing the bears' defense in one fell swoop. Some say it was a collusion between the SEC and Wall Street, and some even say Gary made a lot of money shorting Bitcoin. But these may not be confirmed, but from...

peter-l

The reincarnation of the coin circle does not need to live long. In every bear market, the copycat coins are played according to the rhythm of “zeroing”. Of course, this time is no exception. I have always been skeptical about copycat coins. They are both currency and securities, and they are impossible to exist in the mainstream market. Which reliable...

peter-l

In mid-April, I published an article on the trend of the US dollar. At that time, I mentioned that the US dollar may have a 3-day cycle of macd deviation. At present, the rebound of this bottom divergence is in operation. From the perspective of form, the system also gave a double bottom. Of course, whether this double bottom can be formed depends on whether the...

peter-l

From mid-May, the market entered a volatile cycle, and from the 4-hour cycle, it showed a phenomenon of frequent changes of hands between long and short. In just a dozen trading days, the bulls and bears exchanged control at least 8 times, and most of the volatility range was only $1,000. At present, a convergent trend has been formed, it should be said that the...

peter-l

Bitcoin broke through in March and created a rebound high of 31,000 after entering a shock adjustment stage. Although the voice of ending the US dollar interest rate hike is getting higher and higher, the surrounding stock markets are also falling to new highs. But the currency market seems to be lukewarm and not too passionate. We can see from the chart that I...

peter-l

Weekend, was originally a boring chicken rib moment, but bitcoin did not follow the normal this time, since Saturday, from the Binance perpetual contract added position, has felt that there is a big thing to happen.Over the past few trading days, although the market has been bullish, many people think this is the bottom.But technically, we don't see the long...

peter-l

Last Friday, the total market value of China's BYD exceeded one trillion yuan and became a hot search on Weibo. I wonder if the total market value of digital currency fell below one trillion yuan today, but whether anyone can pay attention to it. Since last year, I have been warning of the risk, when the weekly top deviation was formed, I published an article, if...

peter-l

Last month, I published an article suggesting the weekly line here, head and shoulder trends.At the time, the old readers knew that I was a very cautious person, and that I was always in awe of this highly speculative market. the market has gone through the worst form, perhaps many people still can not understand, why I am always cautious in words and...

peter-l

After two months of rebound, bitcoin's current weekly trend is shown in the figure, forming a standard high box, which is relatively easy to grasp.A high before the higher breakthrough, means the formation of a new bull market, a lower breakthrough before the low, means the beginning of a new decline. In theory, the high box upward breakthrough is a high...

peter-l

Two years ago, when the Dow fell nearly 40% in two months, then the Fed poured water in response to the outbreak.Liquidity has led to wild surge in U. S. stock markets and global assets. Yes, a lot of people think this is the end of the world, crazy, who cares what about the future.But now that retribution comes, the price of the madness will gradually emerge. U....

peter-l

The xbt is a bitcoin futures contract launched by the bitmex, and I chose him as the analysis target because his data was adopted by the cme. In this market with hundreds of exchanges, the price of the bitcoin is defined differently, and we have to find a relatively stable reference, so I chose the xbt as the analysis target. xbt biggest problem is his short...

peter-l

There are a lot of predictions about bitcoin's movements on the Internet, mostly bullish.There are based on so-called fundamentals, on so-called charts, and on data.I am a loyal chart analyst who follows the following principles: 1. Chart contains everything, 2. History will be repeated. First, let's look at the daily line trend, here is a macd divergence, but in...

peter-l

2021 has passed, and the world has been in unprecedented turmoil for the past two years, with epidemics, rivalries and seemingly no timetable for an end. I hope 2022 will be better, but I still don't see much light. Although the chaos will end, we cannot ignore it. Over the past year, even as the world was in turmoil, financial markets seemed to be safe havens....

peter-l

In financial markets, some conventions, although not too much scientific basis, but magically exist. For example, gap theory, cme has been following the principle of gap ratio filling. There are several more obvious gaps in this wave of rise. On December 24,2020, cme's btc contract opened high, leaving a gap of nearly $2,000 USD. Then then soared until the peak of...

peter-l

Bitcoin topped $64,000, heading down and falling below ma144, for more than 50 days. But this is not the longest cross-disk in Bitcoin's history. We compare two historical trends, in 2018 in September 2019, are both sideways after the high decline. 2018 was 65 trading days before breaking down, hitting a low after 2017 while opening the starting point for the...

peter-l

Bitcoin's recent moves are very similar to those of August 2020, but similar charts don't necessarily follow the same trend. In August 2020, Bitcoin was in a platform breaking trend, which is similar to the current trend. It is also the 5-wave correction of ABCDE, and then began a new upward trend. But the two market, there are also some differences 1. Average...

peter-l

Investment has always been diversified, many people choose to bargain, low suction and high throw; some are on the right. The method is not good or bad, but for different markets, we should choose a suitable way, rather than mechanically mechanically. Buffett is a typical left investment, many times he can hold for ten years or more, so everyone respect him as...