If the price of Bitcoin returns to $53,000
Currently, the bulls and bears are fighting fiercely in the market, and each has its own views, as follows:
Bullish view:
1. Ethereum Prague upgrade (technological innovation) is coming soon
2. Stablecoin inflows hit the third highest in history last week!
3. Brother Sun bought the bottom and tens of thousands of ETH ETFs continued to flow in
4. US ETF passed (capital entry)
5. After halving, the annual selling pressure of Bitcoin will be reduced by more than 10 billion
6. Short-term holders of mvrv show that 60,000 is the bottom
7. The cost price of mining machines after halving is around 60,000
8. Interest rate cuts are coming soon
Bearish view:
1. Halving becomes bearish, with large sell-offs and negative financing rates
2. 10K large institutions have cleared their positions ETF inflows are decreasing
3. Altcoins need a big drop
4. Bitcoin is weak in rising and may take a long time to reach 50,000. The price can't stand it. If it breaks 60,000, it will be 50,000. Altcoins will fall 90%
5. Opportunities will always come again. It is a wise choice to go short first
6. The war is not really over. Once the three wars come, everything will collapse. GSR asked us to buy the bottom and ran away first
Then the question is, no matter what the market says. What do you think now?
Player: I originally just wanted to speculate on a coin, but I didn't expect that I had to consider more than a graduate student studying economics
Let's put aside the long and short factors today and consider a hypothesis. As the title says, you are more entangled with the current price. If the price of Bitcoin returns to 53,000 US dollars, will you buy it?
