Topic debate, 200USDT bonus
Rules, quote my article and express your own views on the current trend. Can BTC reach a new high? And is encryption over? Be sure to attach your logic!
📌 Personal subjective: Everyone is saying that we are in a bear market for BTC and crypto. Some even believe that BTC could drop to $9K. However, if we think logically, many institutional firms bought BTC when it was in the $35K-40K range. Additionally, ETFs were traded around the $40K range.
Moreover, the halving has occurred, and the rate of BTC entering circulation has decreased. Naturally, this means that BTC needs to increase to cover mining costs. Considering all these factors, although the market has dropped recently, I believe the market is on an upward trend.
Furthermore, I think the real influx of money into the crypto sector will happen when the FED starts cutting interest rates.
Welcome everyone to exchange views rationally. I will select 10 posts with the highest content quality and the highest interaction in the quotes. 🎁20U per person.
🎈This post is jointly sponsored by Binance Square #BNB