The Conspiracy Behind Bitcoin's Surge
During this U.S. election period, the price of Bitcoin soared to $75,000, which may be a conspiracy by the big players. What is a conspiracy? A conspiracy is when you openly tell others your strategy, which can actually help achieve your goals.
Why has this Bitcoin surge made many people see a target of $100,000? The reason lies in the market's expectations of interest rate cuts, coupled with Trump's successful election, creating a combination of favorable factors that generally makes people optimistic about Bitcoin's future. Even I almost believed that it could break the $100,000 mark in the coming days.
However, will things really go this smoothly? I doubt it. Today's surge will be widely reported by global media tomorrow, and news of Bitcoin continuously breaking new highs will spread everywhere. This will attract a large number of new investors to open various financial apps on their phones, discovering that the returns on their other investment products are far less than trading cryptocurrencies. Once these people decide to join the crypto circle, a large influx of fresh blood will naturally find someone to take over at this high point in the short term.
The big players precisely hope to see this. They create this kind of high market sentiment to attract newcomers to the market, and then sell off at high prices to reap profits. Therefore, everyone should be cautious; the big players may change their strategy after seeing this content and cut the newcomers again.
In short, investment requires caution, and do not be blinded by the short-term prosperity of the market.