There are three pieces of information worth noting recently:
This piece of information is actually very embarrassing, and it is somewhat contradictory to the domestic attitude towards virtual currency, but it does not affect the vigorous development of the entire cryptocurrency industry at all, and is even a long-term positive signal. Bitcoin can be traded and has economic value, which is a basic global consensus. The full advent of the digital age, including the trial operation of the digital RMB, is actually a footnote to the cryptocurrency industry. From the popularity of Hong Kong's virtual currency spot ETF, you might as well open your mind and imagine how popular this market will be in the future.
The second piece of information is even more positive and may stimulate a surge in everyone's adrenaline.
It has been predicted before that Bitcoin will break through the historical high (73,000 USD) again in this bull market, and even break through 100,000 USD, which is just around the corner. By the end of 2025, it seems that there is no doubt that Bitcoin will reach 150,000 USD. Standard Chartered Bank is even more awesome, reiterating the target price of Bitcoin at 150,000 USD by the end of 2024 and 200,000 USD by the end of 2025. Do you think it is a little crazy? 😀
The prospects are good and the future is promising, so the third piece of information may be able to point out the investment direction for everyone.
From yesterday to today, Bitcoin has slightly adjusted, falling from around $64,000 to around $62,000, and altcoins have also generally fallen by 10-30%. The cryptocurrency industry may continue to fluctuate in the next two months, and Bitcoin will also hover between $60,000 and $70,000. According to the effectiveness of previous Bitcoin halving events, is the market actively accumulating momentum to attract more funds to pave the way for the next super bull market? There is a lot of room for imagination and practice. Especially for the layout of mainstream currencies, achieving asset appreciation is at least a very safe choice.
Yuan Fang, how do you see?
