“Supply shock is approaching, Samson Mow reveals the future trend of Bitcoin: new highs and adjusted wealth opportunities!”
Bitcoin experienced significant volatility this week, briefly breaking its historical high of $108,000 on December 18, only to quickly pull back to $93,111.68, a drop of nearly 14%. Nevertheless, institutional investors are still buying aggressively, especially MicroStrategy, which continues to increase its holdings, further reducing the supply of Bitcoin.
Samson Mow responded to this situation, pointing out that although the market has declined, institutional purchases have not stopped, which is actually an irrational reaction from the market in light of the constrained supply of Bitcoin. Mow firmly believes that a supply shock is imminent, and once the market begins to recognize the scarcity of Bitcoin, prices are likely to see a new rise.
Currently, the total supply cap for Bitcoin is 21 million coins, and as more institutions join in, the available Bitcoin in the market will become increasingly scarce. MicroStrategy's ongoing purchases are clearly paving the way for future price increases, and despite short-term market fluctuations, this accumulation trend will undoubtedly influence future price movements.
Samson Mow advises investors to remain patient; the arrival of a supply shock means that short-term pullbacks may only be temporary, and there could be a larger price surge in the future.
The market is unpredictable, but sometimes patience is the best investment strategy. For more in-depth analysis of the market, follow Mr. Qiu and witness the future trends together!