Regarding the recent consolidation of Bitcoin, many friends are hesitating about a few points:

1. Bitcoin has risen, and altcoins are also moving quickly.

2. Bitcoin has risen, so why are altcoins still playing dead?

From the perspective of $DOGE, its increase has been almost in sync with Bitcoin, but starting from November, it has been completely different. What is the reason for this?

The trend has been updated.

Originally, we could examine the trend based on factors like interest rate cuts, non-farm payrolls, and many others, but now you see that Musk has posted about DOGE more than once, yet it has no impact on the price. Of course, some friends say that the car is too heavy to lift, but according to the current Bitcoin price, Dogecoin is only 0.36. Is this reasonable? Interested parties can refer to previous coin prices for comparison.

As Bitcoin becomes the reserve currency for the future U.S. government, it is now closely following the U.S. stock market. Altcoins lack a good narrative, so capital will not easily drive the price up. Currently, there are at least over 100,000 altcoins, and a major cleanup is definitely on the way. Therefore, the investors are not foolish; if they invest money and cannot exit later, it would be foolish. #BTC

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