Currently, many people are asking about the future market trend: Is the bull market over? Will Bitcoin continue to rise?
History and experience tell us that bull markets are often born in despair, grow in doubt, and end in general madness. Currently, Bitcoin’s bull train seems to be accelerating, with the target heading towards the $100,000 mark.
⚠️Looking forward to future market trends, there are several key events worth paying attention to:
1️⃣The Federal Reserve’s decision to cut interest rates: An interest rate cut may increase market liquidity and promote the rise of cryptocurrencies such as Bitcoin.
2️⃣The trends of large Bitcoin funds: The buying and selling behavior of large funds such as BlackRock is an important signal for the market. There is no massive selling yet and the bull market is likely to continue.
The current Bitcoin bull run appears to be accelerating, with a possible target of $100,000. The high point of this bull market has not yet been determined, and may reach US$180,000, US$480,000, or meet resistance at US$120,000. Currently, the price of Bitcoin is around $69,000, providing investors with the opportunity to buy and hold for the long term.
For those who are unsure of their investment direction, Bitcoin remains a safe choice and is regarded as a bellwether for the market. At the same time, BNB, as part of the Binance ecosystem, has huge potential, and its market value is expected to be comparable to mainstream cryptocurrencies such as Ethereum. There is no doubt that mainstream currencies such as BNB and SOL will be bought directly when they dip.