Macro traders expect a bull run in the fourth quarter, with Bitcoin potentially reaching $100,000 by the end of the year.

robot
Abstract generation in progress

Trader HighFreedom: A Macroeconomic Perspective on the Crypto Market Outlook

HighFreedom is a cryptocurrency trader with a background in macroeconomic analysis from a brokerage firm. He shares his trading strategies, insights on the macroeconomy, and predictions for the future trends of the crypto market.

Trading Strategies

HighFreedom's trading strategy mainly consists of two parts:

  1. Earn directional returns: Hold Bitcoin without selling during a bull market to gain from the overall price increase.

  2. Earn volatility profits: Take long positions in currency-based trading within the appropriate price range, and close positions to profit in order to increase Bitcoin holdings.

He believes that this strategy can effectively avoid the risk of shorting and reduce the cost of holding a position. During the bull market cycle, it is expected to achieve an overall return of 3-5 times, and the drawdown is controlled at around 20%-30%.

Implementing this strategy requires attention to:

  • Strictly control leverage, generally recommended within 50%
  • Choose the right time to time the market and avoid periods of rapid growth or high volatility
  • Set aside an adequate margin of safety

Macroeconomics & Crypto Markets

HighFreedom believes that with the continuous influx of over-the-counter funds, the crypto market is becoming more and more closely connected with traditional financial markets. He positions Bitcoin as "growth digital gold" with a risk profile between the Russell 2000 and ARKK.

He suggested paying attention to the following indicators to determine the market trend:

  • The market value of Bitcoin accounts for the proportion of the market value of gold.
  • Changes in positions of short-term and long-term holders
  • The performance of U.S. stock risk assets ( such as Russell 2000, ARKK, GME, ) etc
  • VIX Fear Index

HighFreedom expects that as the Federal Reserve begins to cut interest rates, market liquidity will gradually improve, benefiting risk assets. He believes that the fourth quarter may usher in a new bull market cycle, but the extent of the rise is uncertain.

! [How to properly understand the macro, analyze the macro, and make money from it?] ](https://img-cdn.gateio.im/webp-social/moments-231eab500570d2f4d5b32a1dc520afe5.webp)

Advice for novice traders

  1. Obtain CFA Level 1 certification, systematically learn the fundamentals of the financial market.
  2. Pay attention to market dynamics every day, analyze the reasons behind the fluctuations of Tokens.
  3. Learn on-chain data analysis and build your own transaction logic and system
  4. Strictly control risks and avoid excessive use of leverage.
  5. Don't rely too much on a single indicator and adapt to market changes at any time

Recommended Traders to Follow

  1. Fu Peng: Analyst at Northeast Securities, with deep insights into US dollar assets
  2. Arthur Hayes: In-depth knowledge of the U.S. macroeconomy
  3. Victor: A veteran in the crypto market, with a unique perspective on the market
  4. Bperson sunong: Senior trader from the last bull market

HighFreedom predicts that the price of bitcoin is expected to hit $100,000 by the end of 2023. He believes that the market is currently in the bottom area, and a new round of gains is expected in the fourth quarter. However, the strength of the altcoin market depends on the overall liquidity situation.

BTC-0.84%
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
  • 11
  • Share
Comment
0/400
LuckyBearDrawervip
· 07-19 10:05
Ten thousand dollars should be okay...
View OriginalReply0
GateUser-e83e9692vip
· 07-19 03:30
Hold on tight, we are about to To da moon 🛫
View OriginalReply0
GateUser-e83e9692vip
· 07-19 03:30
Hold on tight, we are about to To da moon 🛫
View OriginalReply0
GateUser-e83e9692vip
· 07-19 03:30
Hold on tight, we are about to To da moon 🛫
View OriginalReply0
LongTermDreamervip
· 07-19 00:20
Blockchain daydreamers have lost money for three years after buying for three years.
View OriginalReply0
GetRichLeekvip
· 07-17 00:11
I'm losing money again, I'm waiting to take a cow boat
View OriginalReply0
PhantomMinervip
· 07-17 00:08
Another one shouted 100,000
View OriginalReply0
GasSavingMastervip
· 07-17 00:07
What does ten mean after all?
View OriginalReply0
DegenMcsleeplessvip
· 07-17 00:04
10w and ran away
View OriginalReply0
JustHodlItvip
· 07-16 23:58
I'm dreaming again
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 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)