Bitcoin continues to hit new highs, why do many altcoins plummet?
If nothing unexpected happens, there is a high probability that a major event will break out, and it is a black swan event with bad results, so the main force sells altcoins for risk aversion!
But the bull market is already clear, so the main force just wants to use all means to wash you out of the car!
Because there will be three major hidden benefits in the currency circle in December, many people don’t know.
The first is that MicroStrategy, which holds more than 20 billion bitcoins, is expected to be included in the S&P 500 index on December 6, which is simply appalling. This means that in the future, anyone who buys the S&P 500, the world’s largest index fund, will passively buy MicroStrategy’s stock, because it is included in the S&P 500 constituent stocks, and the total asset management scale of S&P is as high as 1.6 trillion US dollars. If it is really included in the S&P 500, how crazy will Bitcoin rise? This makes the passive holding of funds around the world more imaginative than BTC!
The second important positive news is that Microsoft, the world's largest company, will review the Bitcoin investment proposal on December 10. If it is passed, it means that the company with a market value of 3 trillion US dollars will increase its holdings of BTC. Isn't it awesome?
The third is the third interest rate cut by the Federal Reserve in December and the possible repayment of more than 18 billion US dollars by FTX!
So don't be afraid of a pullback. If there is one, it will be your last chance to cover your position. After the market is consolidated, it will soar.
The bull market is clear, and the main force wants to use all means to wash you out of the car!
So the best operation is to dare to buy when it falls, the medium operation is to buy and hold the currency in a Buddhist way, and the inferior operation is to chase the rise and kill the fall. If you want to make a lot of money, then please leave your hands after buying it, and wait for the arrival of the big bull!
Now as long as you can hold the currency firmly for a few months, and then layout a few hot coins with our community, everyone knows the popularity of the meme system, such as the typical neiro, punt, cat, ban, these coins are very popular, and most of these hot spots are issued on the Sol chain. This year Sol is very strong and famous, so it has more heat value.
I believe that in half a year, many of you may be relatively free. When you are off traveling or fishing, don’t forget to come back often, follow us, and let’s recall the glorious days together!