#BTC #DOGE #SUI
The big pancake has surged to 89000. A buddy said in the group today that he was watching the market last night. It was not retail investors or so-called dog funds; it was big institutions, a scramble for goods by large institutions and big players. All technical parameters and various moving averages were bulldozed away!
The diamond-level 10-year bull market has begun! Don't short in the face of the big trend!
Trump promised to establish a U.S. federal Bitcoin reserve as soon as he took office. It is said that the first batch will be 1 million, to be implemented starting next January, which means that Bitcoin withheld by governments around the world will be transferred to their respective central bank reserves, reducing the market supply of Bitcoin by one-fifth. With the hoarding by large institutions, you have to ask, isn't the supply of Bitcoin in the market getting less and less, which will push prices higher?
In fact, Trump and his team are well aware that the U.S. stock market is already on shaky ground today. Do you think a price-to-earnings ratio of over a thousand for publicly traded companies is reasonable? The interest rate cuts in the next two years will flood the market with dollars, and if not guided properly, it could lead to a tsunami. Therefore, we definitely need a super reservoir, which is Bitcoin's historical mission. Bitcoin has no price-to-earnings ratio, only a crypto future. Isn't that perfect!
A friend asked if the Bitcoin reserves of major exchanges can hold up. What do you think? While you can still afford it, it might be worth stocking up a bit; even half a big pancake is worth keeping!
Next, DOGE will take over the crown of world currency. With the strong endorsement of the new president and the widespread blooming of Twitter and Starlink, DOGE will efficiently (in the name of the efficiency committee announced by Musk) dominate as the number one cryptocurrency used for general currency. Just imagine people using DOGE for travel and shopping payments all over the world... A great era has arrived!