This morning, the price of BTC approached $90,000, pushing its market value past silver to rank 8th, just one step away from Saudi Aramco at 7th. I once thought BTC would surge significantly after Trump won, but I didn't expect it to be this incredible. 🤩 However, if BTC continues to rise relentlessly in the short term, there may be a significant correction later. At that time, be sure to seize the last opportunity to get on board before the 25-year wild bull market. 🤫
MicroStrategy has once again purchased BTC, this time adding 27,200 BTC, with their holding profits exceeding 100%, reaching over $12 billion. MicroStrategy has also claimed that within the next three years, they will invest $41 billion more to continue accumulating BTC, and their future purchasing power has completely covered the output of miners.
The Microsoft board will vote next month on whether to purchase BTC. Regardless of the outcome, the attention of major companies towards BTC continues to rise.
On January 20, 2025, Trump will take office as the 47th President of the United States. If he can fulfill his promises: fire SEC Chairman Gensler, include BTC in the U.S. strategic reserve assets, purchase 200,000 BTC annually for 5 years, and make the U.S. the global hub for cryptocurrency, we will enter a renaissance era in the crypto world.
A year ago, Bitwise's CIO predicted that if a spot ETF is approved, BTC would break $80,000 by 2024, and this prediction has now been realized. Now, Hougan has retweeted this post and stated that BTC's performance in 2025 will be even crazier.
Although the return rates of BTC have been decreasing in previous cycles, this cycle has seen more top global companies entering the market, the presence of a spot ETF, and a U.S. government supportive of BTC. We have reason to believe this cycle will be an unprecedented wild bull market. 🤑
Buckle up and make sure to secure yourself tightly to the vehicle; getting off too early is just due to a limited vision. 😝
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