Bitcoin once again breaks a new high, just a line away from 95,000

The surge in Bitcoin has once again proven that people can never earn money beyond their understanding.

Recently, Bitcoin's price has repeatedly broken new highs, setting historical records! It has surged to nearly 95,000 USD per coin, and according to market trends, breaking 100,000 is just a matter of time. But did you know? When it was first issued, it was something people didn't even want for free. In 2012, you could buy a Bitcoin on Taobao for just 50 RMB, and if you held it until now, the return would be more than 10,000 times. This return rate is also among the rarest in history, if not the only one!

The reason for Bitcoin's surge is the election of Trump. It is well known that at the Bitcoin conference at the end of July, Trump stated that he would transform the beautiful country into a global hub for cryptocurrencies and Bitcoin as a strategic resource, similar to gold in the past. However, as the price surged, the holding costs became increasingly high, and Bitcoin could potentially replace gold. One more point is that Bitcoin was previously of unknown identity, but it has now gained recognition in the beautiful country.

Moreover, remember that price and value are not closely related; price equals psychological expectation. Price fluctuations are merely the fluctuations in the psychological expectations of retail investors in the market, such as buying on the rise and not buying on the dip. For example, we all believe gold will rise; no matter who takes over, it will rise. Similarly, we all believe housing prices will dip; regardless of who intervenes, housing prices will naturally dip. Therefore, expectations are very powerful. Once the public forms a consensus, it is something that others cannot influence. Bitcoin has gone from skepticism to suppression, and now to a point where it seems unattainable - this is the power of expectations.

Lastly, people can never earn money beyond their understanding. #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH