In the final days of 2021, Bitcoin began to slowly emerge from the shadow of decline, hitting its target of $ 50,000 yesterday. - I lost confidence in myself.

However, many traders were disappointed for a long time as the recession that began in mid-November lasted for more than 40 days. In a survey of the livestock market and the bear market conducted by some media and the veteran industry, over 50% of them even believe the livestock market is over and the bear market is here. The Bitcoin halving tertiary market is now starting to diverge, and it can be said that the whole market is starting to look different. Exchange time between the cow and the bear.

Is the futures market bullish or bearish? This is an important question, but the way the world works is not black and white. After more than 10 years of development, Bitcoin has reached a very high level of size, global recognition, owner-led environment, and green development of the entire industry. Businesses know the strengths. Based on past assumptions, Bitcoin now looks wrong, but what should we use to see the future performance of Bitcoin and the cryptocurrency market? How will the whole business be used?

Bitcoin is "Americanized". What will the business look like?

Using the data to say, where has the store gone?

I have mentioned a few metrics to better determine the market, now let's see where these metrics come from.

The following information is usually obtained from third party news websites like QKL123, lookintobitcoin, tokenview, etc.

1. Growth of Bitcoin 60 days: -18.83%. (More than 80% means a higher risk of bubbles. The higher the data, the higher the risk.)

2. Upper exhaust index AHR999x: 1.62. (A reading below 0.45 is the maximum in a bull market or a one-step peak.)

3. MVRV index: 1.92. (A higher scale means the value is larger and the risk is higher. Anything above 3.5 means the bubbles are too big.)

4. Lust and Fear: 39 years old, Fear. (The higher the price, the closer to 100, the higher the market's expectations, the longer the prospect, and the greater the risk of failure.)

5. Information about Bitcoin:

Bitcoin's market share was 41.93%. (The lower the comparison, the closer you are to the bull market, the higher the risk, typically reaching 30% -40%)

Maximum annual deposit rate: 56%. (Less than 45% are high risk areas.)

6. Increase in ETH over 60 days: 1.69%.

7. Bitcoin Rainbow Guide: Follow these steps:

8. Puell's multiple measures: 1.07. (The research cycle market in terms of income extraction, the price is in the 4-10.5 zone, shows that the current market demand is also greedy and may be in a bullish stage.)

9. Pi indicators: Don't jump as shown below: (best time is when 111DMA is moving and crossing 350DMA x 2)

10. RHODL Ratio: 4916.75. (If the indicator enters the red line, it means the market has reached the end of the cycle.)

Most of the 10 data presented above is good, and many of the indicators that show the maximum, such as the RHODL ratio, Pi indicator, and the Bitcoin rainbow chart, went unreported. In terms of data reporting, the bull market is not over and the market is currently at a recovery level with a continuation of a bearish streak.