Bitcoin breaks $100,000. If it can hold this level, will it go to $130,000 or even $150,000?
Bitcoin's new high injects confidence into the market again, and altcoins will go even crazier. Enjoy it to the fullest.
Friends: $BTC has broken the $100,000 mark and is stabilizing. This round of the bull market will truly start to explode and break out, break out, break out!
What will happen next?
1. Bitcoin at $100,000 is a historic point, it's really impressive. At this moment, heroes from all walks of life are just getting ready to step in. Remember the bull market from 2020 to 2022, when Bitcoin plummeted from $3,120 and then started a bull market, rising from around $3,800 to nearly $70,000, with a peak of $69,198. Many large companies and institutions entered the market when Bitcoin was between $30,000 and $50,000, and many haven't even made a 50% profit yet. Then came the onset of the bear market, and they got trapped.
2. Following Bitcoin reaching $100,000, the market will see a surge of fresh blood. Just recently, the issuance of stablecoins on-chain has continued, and last month it was reported that $3 billion worth of stablecoins were issued on the Ethereum chain. This is the real beginning of the bull market; in 2020, the continuous issuance followed the breaking of the high point, leading to a massive bull market.
3. Of course, the $100,000 BTC was mentioned in my previous article, but it came quickly. Because the number $100,000 will make people around the world recognize BTC again, Bitcoin will be the most dazzling star globally, like the biggest internet celebrity, and many people's understanding of it will be refreshed once more!
4. Bitcoin will attract more institutions and publicly listed companies to enter the market, as well as more retail investors. At the same time, more FOMO (fear of missing out) emotions will appear among retail investors. This will lead to many altcoins experiencing miraculous surges of 10x or 100x, creating the wealth effect of this super bull market. Please hold onto your valuable altcoin chips, and don't switch positions casually! Just hold on tight!
Those who need to earn cash flow should earn cash flow, and those who need to dollar-cost average should dollar-cost average!
I am Qinglang, congratulations on Bitcoin breaking $100,000, and welcome to follow me for spot value cycle investment!