Through the bear market, welcoming the bull market!
Bitcoin is hitting 100,000 USD, what is the future of inscriptions and altcoins?
Having endured the darkest moments, BTC is now making a push towards 100,000 USD. This milestone is of great significance; I believe the bear market is over, and the bull market is approaching, with a breakthrough perhaps coming this month.
Here are my thoughts:
1️⃣ Is there still a chance for inscriptions?
The pressure from trapped positions during the peak of inscriptions is enormous, but I believe it still has a chance for a breakout. However, this wave may be short-lived, similar to the rapid rise and fall of meme coins, with consensus coming and going quickly.
2️⃣ When will the altcoin season arrive?
A localized altcoin season has already begun, with many altcoins doubling in value. The real frenzy requires the second-in-command (ETH) to lead the charge; its ecosystem's chain reaction is unmatched by other coins. I am very optimistic about the overall performance in Q1 next year.
3️⃣ Will a major correction come?
The risk of a correction exists, and Bitcoin may drop back to around 80,000 USD after breaking through 100,000 USD. But even if there is a correction, I would choose to hold firm; holding spot makes me feel more secure.
The bear market is gone, the bull market is here, and the future is promising!
