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Some people do not understand why earthquakes can also affect Bitcoin. As soon as the earthquake occurred yesterday, gold immediately reached a new high. Major natural disasters such as earthquakes, tsunamis, major plagues, outbreaks of war, and the death of political leaders in certain major countries are all considered external factors that have an impact on the capital market, including stock markets, crude oil, gold, and the crypto market.
When investing, there are too many areas to pay attention to, not just the market trends, the Federal Reserve, and U.S. policy dynamics. Many people say that the information side dominates the K-line technical aspect, but I have always believed that the K-line technical aspect dominates the information side. The medium to long-term trends presented by the K-line are determined by the weekly and monthly MACD, which has already set the direction of the trend for the next few months. When the K-line moves to a critical position, such as a triangle convergence facing a reversal, various corresponding information will emerge to influence the market and investors' emotions. At this time, the K-line will operate in accordance with the trend, moving in the direction it had already established.