If it rises to 10w, countless people will enter the market to sell
With such a large capacity to take on, capital may not be able to bear it
The whole world is waiting for the United States to cut interest rates and release water
According to the current position of 60,000, it is now a concentrated chip area
Buying and holding at this position is not cost-effective, and even if it rises to 10w
It will not last long.
The previous interest rate cut, the positive turned into negative, that is, the next 6 months may be the time for BTC to bottom out. When hot money from all over the world is released, BTC will be pushed to a higher position.
BTC has risen 5 times in almost a year, and the first wave of bulls has ended. This is the most active cycle of ETH's decline. There is a saying in investment that it is better to lose money than to miss it. On the contrary, I think it is better to miss it than to lose money.
The real bull may be in 2025, when the US election ends and the capital of Wall Street will not panic, and a series of new things will be paved. Of course, if Trump is elected president, the momentum will be stronger.
Coupled with the entry of capital, BTC will definitely reach 1 million as the world's reserve cryptocurrency. In the short term, it will mainly be marked with RMB.
In 2024, national policies will continue to tighten in the financial field, that is, when the loan expires, it must be returned to the bank.
A large part of the funds in the currency circle will be withdrawn.
Where will BTC go next? BTC has always been desperate and crazy.
Is the market desperate? If there is no despair, it means that the strength is not enough and it cannot rebound. When it is really desperate that day, it is time to enter the market.
Waiting for an opportunity for several years, only waiting, is the best opportunity.#Write2Earn! #BTC☀ #Write2Earn! #bitcoin☀️
