Yesterday, the crypto market rebounded, with Bitcoin returning to $97,000 and Ethereum fluctuating around $3,463.
Among the altcoins, the AI sector's ai, io, and akt also saw a rebound, and funds began to flow into the traditional AI sector.
Yesterday, Binance also launched contract trading for ai16z, zerebro, and griffain.
This shows that the AI sector has entered a period of emotional frenzy and there is a need for a short-term correction.
Remember to double your capital, keep the profits, and reserve some money to deal with a market pullback.
It is worth noting that today is the 16th anniversary of the birth of the Bitcoin Genesis Block
On January 3, 2009, the genesis block of Bitcoin was created, and Satoshi Nakamoto engraved the headline of the day in the Times: "Chancellor on brink of second round of emergency aid for banks, January 3, 2009."
This sentence not only reflects the global economic crisis at the time, but also reveals the mission of Bitcoin: to provide an alternative solution to the economic crisis by building a monetary system in a completely new way.
Therefore, since its inception, Bitcoin has been regarded as a potential competitor to sovereign states and has been suppressed a lot.
However, it survived miraculously and was gradually accepted by the world, becoming a new darling of finance and even a new focus of the United States.
Now, national reserves, public companies, and the super-rich are all buying Bitcoin.
Michael Saylor predicts that capital will flow into Bitcoin on a large scale in the next few decades, and Bitcoin is achieving its goal step by step.
Trump once said: “It’s not that Bitcoin needs America, it’s America that needs Bitcoin.”
I think it’s not Bitcoin that needs the world, but the world that needs Bitcoin.
Trump will take office as the President of the United States on January 20, and now we have entered the countdown stage, with only 17 days left.
He will deliver a speech at the Capital One Arena in downtown Washington, DC in the early hours of January 20, 2025 Beijing time, which will be a large public speech before he is sworn in.
The market began to anticipate whether Trump would mention Bitcoin and cryptocurrency in such an informal setting.
Now, the main driving force of the crypto market is still sentiment, and the biggest source of this sentiment is Trump’s transfer of power.
If the US election is the first wave, the transfer of power is the second wave, and Trump's fulfillment of his promises to the cryptocurrency industry is the third wave.
As long as there is no recession in 2025, Bitcoin could experience a long-term bull run similar to gold during Trump’s four years in office.
After Trump takes office, once the Bitcoin Strategic Reserve Act is passed, many countries will follow suit.
There are only 21 million bitcoins, 3.7 million of which may have been permanently lost. In the future, there may be only 6 million bitcoins left for ordinary investors.
If sovereign funds from various countries follow suit and buy Bitcoin in the future, the supply and demand relationship will drive the price of Bitcoin to continue to rise, and it will only be a matter of time before Bitcoin reaches 1 million US dollars.
In the next 5-10 years, Bitcoin will most likely have a chance to increase by more than 10 times, 10-15 times in 10 years, and 50-150 times in 20 years. It is very difficult to outperform Bitcoin in the long run.
For ordinary people, as long as they hold 0.1 bitcoins, they have the opportunity to reach A7, holding one bitcoin will give them the opportunity to achieve A8, and large investors can reach A9 by holding 10 bitcoins.
