You can be short-sighted on your own, but why drag others along with you?
LIVE
BTC_币胜哥
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A reminder for everyone:
Next, if altcoins surge too much, especially when entering the main upward trend phase, make sure to take profits at the right time! In the next two years, many altcoins may welcome their last cycle, and if you miss it, you won't wait for the next one. You can refer to the altcoins that had astonishing gains in previous bull markets, such as AXS. The next BTC halving will have a huge impact on the market, and opportunities in altcoins will not last forever. In the short term, the market is extremely volatile, especially as many altcoins have recently seen crazy surges, with doubling in a day not being uncommon. If your altcoin rises by 30% or even more than 50% in a single day, you must strictly control risks; don't let greed ruin your profits. Finally, let me share a saying: We enter the crypto space to make money, not to spend money adding positions! Be decisive in taking profits when it's time; don't miss big opportunities for a little bit of unrealized gains. Be clear about your purpose in the crypto space and seize every money-making opportunity!
So what if you reach 100,000? Isn't it back to 90,000 in an instant? 🤭
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zebiii
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_Will Bitcoin Really Hit $100k in 2024?_
The Bitcoin community is abuzz with predictions and speculation about the cryptocurrency's future price. One of the most tantalizing targets is the $100,000 mark, with many experts and enthusiasts wondering if BTC will really hit this milestone in 2024.
_Arguments for $100k:_
1. _Limited Supply_: The total supply of BTC is capped at 21 million, which could lead to increased demand and higher prices. 2. _Institutional Investment_: Growing interest from institutional investors could inject fresh capital into the market, driving up prices. 3. _Improving Fundamentals_: Advancements in scalability, security, and adoption could strengthen Bitcoin's position as a store of value and payment network. 4. _Macro Economic Factors_: Global economic uncertainty, inflation, and currency devaluation could lead to increased demand for safe-haven assets like BTC.
_Arguments against $100k:_
1. _Regulatory Uncertainty_: Stricter regulations or bans could hinder Bitcoin's growth and adoption. 2. _Market Volatility_: BTC's price is known for its unpredictability, and a significant correction could occur before reaching $100k. 3. _Competition from Altcoins_: Other cryptocurrencies might gain traction and erode Bitcoin's market share. 4. _Technical Challenges_: Scalability and usability issues need to be addressed to support widespread adoption.
_Conclusion:_
While there are valid arguments on both sides, hitting $100k in 2024 is a challenging target for Bitcoin. However, the cryptocurrency has consistently defied expectations and demonstrated remarkable resilience. If the stars align, and the right factors converge, $100k might not be an impossible feat. Nevertheless, it's essential to approach predictions with caution and acknowledge the inherent risks and uncertainties in the crypto market.
*What do you think? Will Bitcoin hit $100k in 2024? Share your thoughts!$BTC
$BTTC It is expected that the market will be controlled between 100-120. There is still downward risk in the future. Work hard and wait for the flowers to bloom.