Through the bear market, welcoming the bull market!
Bitcoin is hitting 100,000 USD, what is the future of inscriptions and altcoins?
After enduring the darkest moments, BTC is making a push towards 100,000 USD. This milestone is significant, and I believe the bear market is over, the bull market is coming, and the breakthrough may be this month.
Here are my views:
1️⃣ Is there still a chance for inscriptions?
The pressure from the locked positions during the boom of inscriptions is huge, but I believe there is still a chance for a surge. However, this cycle may be shorter, 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, and many altcoins have doubled. A true frenzy needs the second in command (ETH) to lead the charge, as its chain reaction is unmatched by other coins. I am very optimistic about the overall performance in Q1 next year.
3️⃣ Will there be a major correction?
The risk of a correction exists, and Bitcoin may fall 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 has passed, the bull market is here, and the future is promising!