11/11/2024

BTC has continuously surpassed its ATH. Everyone is rushing into the market with a vision of 100K. But it seems that people do not care where the money is coming from. It's not that simple to increase the dollar rate in the market.

The market capitalization may show that BTC's market cap is greater than 1600B, with the market cap reaching over 2700B. But that's just taking the price times the total supply; it can be called cap after dilution. Prices can be generated from the actual strength of stored actions and the increase in service prices. For example: I have 21 million BTC but only 50 thousand BTC are being traded on the exchange, I can easily set the price I want with just a few billion dollars. People are too excited.

What I want to say is that the current growth is just like a balloon being inflated rapidly; it could burst at any moment.

Be responsible for your own wallet. The market does not operate based on expectations; there is no capital generated to pay for the majority. Stay alert!!!$BTC $ETH #BTC☀ #btcupdates2024 #BinanceSquareFamily