#BTC突破8W大关
I am not very optimistic about this super market trend, nor do I think it will keep rising unilaterally. Just like the recent two waves of continuous increases, I find it a bit precarious. It is now the weekend, and weekends are usually quite calm, with no major movements.
I remember that there were only two weekends this year with movements; one was a sharp decline from Friday to the weekend, and the other was this one, where it started to rise from Friday to the weekend. After the last sharp decline, the following Monday actually started to rise, so just because it has risen so much this time does not mean it will drop next Monday.
Personally, I think Bitcoin's market value is already very large now, unlike what some people think, that it will start rising just like in 2021. They believe this is just the beginning, but I feel that the current market value is already significant. I think it is unlikely to surge all at once. The higher the price, the more money those who are making profits will earn, and the motivation to sell will become stronger. You see, those who have held for a long time, especially some companies that started buying Bitcoin in 2019, now have unrealized gains exceeding 10 billion dollars.
During the weekend, whether you want to buy or sell, it is actually not the best time. It is better to choose Monday to Friday, when there are more traders and better liquidity. If you want to buy, the price won’t rise too much just because you buy, and the cost won’t be too high. If you want to sell, the price won’t drop too much just because you sell, and you can sell at a good price. Therefore, with less volatility on weekends, I think there is a high probability that there will be a slight drop on Monday.
Recently, I plan to ambush a potential coin that is ready to explode; doubling it is quite simple, and I am also looking for some potential coins to hold until the end of the year, with an expected space of over 10 times being no problem. If you want to keep up, leave a message, follow, like, and share for free.
