“Supply shocks are imminent, Samson Mow reveals the future trend of Bitcoin: new highs and adjusted wealth opportunities!”
Bitcoin experienced extreme volatility this week, briefly breaking its historical high on December 18, reaching $108,000, but quickly retraced to $93,111.68, a drop of nearly 14%. Nevertheless, institutional investors are still buying aggressively, especially MicroStrategy, which continues to increase its holdings, further reducing the supply of Bitcoin.
Samson Mow responded to this situation, noting that despite the market downturn, institutional purchases have not stopped, which is actually an irrational response by the market to the limited supply of Bitcoin. Mow firmly believes that a supply shock is imminent, and once the market begins to recognize Bitcoin's scarcity, prices are likely to rise again.
Currently, the total supply cap of Bitcoin is 21 million coins, and as more institutions join, the Bitcoin available in the market will become increasingly scarce. MicroStrategy's continuous purchases are clearly paving the way for future price increases; although the market may fluctuate in the short term, this accumulation trend will undoubtedly influence future price movements.
Samson Mow reminds investors to be patient, as the arrival of a supply shock means that short-term retracements may only be temporary, and we may see even greater price surges in the future.
The market is unpredictable, but sometimes patience is the best investment strategy. To learn more about in-depth market analysis, follow Mr. Qiu and witness the future market together!
