Standing firm at 69,000 and heading for 70,000! Bitcoin climbs steadily, and copycats begin to perform one after another
Bitcoin continued to fluctuate above $68,000 over the weekend until it regained momentum after 6 a.m. this morning (21), breaking through the $69,000 mark. Before writing this article, it reached a high of $69,401, just one step away from the $70,000 it briefly broke through at the end of July.
The recent cryptocurrency explosions have been getting stronger and stronger, and many people think that this feels a bit like a bull market.
October has clearly become a bullish month, especially as the US election is getting closer and the global war is getting more intense. These are "big opportunities" for safe-haven assets.
As an old investor in the cryptocurrency world, I have been emphasizing that you should never give up your chips since August 5th.
2024 may seem like a torment, but don’t forget that the cryptocurrency world is a place where myths are created; especially the more fear there is, the bigger the market will burst out.
Having come this far, there is nothing much to share with you. Everything is already determined. If you want to seize the last chance to get on board, you must follow the professionals and don’t buy coins blindly.
After October, only patience and confidence will be tested
As long as you buy the right coins, when the big trend comes, even pigs will fly
I wish you all success in making money in the fourth wave of cryptocurrency wealth.
Several major trends continue to be bullish:
1- Institutions have been buying BTC and will continue to buy until the market value exceeds that of gold.
2-meme coins will become the most powerful track after the main uptrend of BTC.
Regardless of whether the popular memes on the chain are listed on the big exchanges or not, at least 5 memes with a current value of only a few hundred million US dollars will impact 10 billion US dollars, and even only need to be on the chain. That is 10-20 times the space - because funds are surging in the bull market.
3- Leader + heavy holdings, maximum profit.
4- AI+Meme, Goat's success has given Meme stories a new narrative that is different from the previous reliance on real animal IPs, generating content and interaction through AI. Because AI is the main line of technological innovation that can be foreseen in the next 20 years, AI-based Memes will be a long-term hottest sector in the cryptocurrency circle, so everyone must keep paying attention!
Future Outlook: Get rid of the fear of heights, the market is coming strong
Now, many friends have seen Bitcoin rise from 59,000 to 69,000, and have begun to feel a little "acrophobic", thinking that the price has risen too much. I must remind everyone, please give up the idea of being acrophobic! If you choose to exit now, you will definitely regret it in the future!
The biggest enemy in a bull market is not the market, but the fear of heights
In a bull market, the biggest mistake retail investors often make is not chasing the rise, but being afraid of heights, always thinking that "this time it will definitely fall", and as a result, they fail to hold on when they should. What's worse is that some people still want to short at high levels, but end up getting themselves confused, tossing back and forth and eventually losing their principal.
Please remember that the real winning formula in a bull market is to hold your positions firmly. When a big market is about to hit, hold on to the big pie in your hands tightly and enjoy the dividends of the next wave of strong growth.
