Today’s market is for inscriptions. The whole market is saying that Binance will officially support the inscription ecosystem, and everyone is buying inscriptions at the bottom! $ORDI, $SATS, $RATS, and $BTCS rebounded across the board. It is a foregone conclusion that Binance will launch the BRC20 inscription market! Inscriptions will definitely have a second spring, and Binance is the foundation of the second spring of inscriptions. This time, a large number of overseas users will enter the inscription market. How far it can go this time depends entirely on everyone’s imagination.
Can $RATS break 0.0004 this week? Qingtian feels that there is still a chance! Binance is likely to list $RATS spot, it depends on whether it is this month or next month. With such trading volume, it makes no sense not to list. Besides, after the contract is listed, Binance should have attracted a lot of stocks, so there is nothing wrong with listing!
And looking back at the data, the long-short ratio and the number of long-shorts in $RATS continue to fall, and the long-term capital positions are dominant. The Air Force will always be trapped, stopped, and liquidated. This data is close to the data of the previous demon coins. It feels like the desire to list spot stocks on Binance is getting stronger and stronger! Sunny readers should all be in the car! #rats
The opening of the Binance wallet this time can be considered a small bull market for Inscription at most. The real big bull market for Inscription should be after the Bitcoin production is reduced. It will be even crazier then, why do you say that? Because the miner brother will come out to lead the team. It’s just a preparation for now, let’s just wait for the flowers to bloom!
How high can BTC rise in this bull market? #bitcoin
Today I saw a picture posted by a big blockchain V, and I wanted to take everyone to try it together!
The above picture seems simple, but it actually contains a lot of information. This picture is the annual line of BTC. Red is a bear market and green is a bull market. It follows the trend of 1 red plus 3 green every 4 years. The red column must be followed by a green column. The closest red column to us is 2022, and the past 2023 is 3, and so on.
But this is just surface information. The deeper information is that if we look at the whole picture, we will find that: 1 is getting shorter and shorter, 3 and 4 are getting longer and longer, but this time 3 is stronger than the previous 3 because of ETF. In the past, it took 4 to break through the height of 2, but this time 3 is almost there, which will in disguise compress the space of 4 (3 does the work of 4, and 4 has nothing to do). Because the overall slope is getting lower and lower, it starts with 75 degrees, then 45 degrees, then 30 degrees, and then...
4 may be slightly higher than 3, or it may be the same as 3, but it will not be much higher than 3.
But even so, 4 will most likely be longer than the following 1. Therefore, the main increase in this bull market will occur in 2024, and 2025 as the next 1 may be the finishing work.
Based on the above analysis, we can make a less scientific guess. As shown in the figure below, the price of BTC in 2023 will range from 16541 to 42283 (opening and closing prices), an increase of 255%. If 4 is the same as 3 or slightly higher than 3, then assuming an increase of 255%+ in 2024, the price will reach around 107,800 or above. The small positive line will close in 2025, and this cycle will end.
Most of the gains were completed before the big plunge in May 2021. The second half relied on water release and bull market expectations to barely create a two-headed bull market. However, many copycats did not make up for the gains, and the highest points were around May. I estimate that this year it will be completed almost earlier, and then there will be a shock or a small double-headed bull market.
Although it is just a guess, you still have to have a dream. What if it comes true?
