Binance WOTD answers

On December 5, Fed Chairman Powell set the tone for Bitcoin: "Bitcoin is virtual gold, and Bitcoin's competitor is gold, not the US dollar." The main reason why Americans recognize Bitcoin is that the bulk of the currency is in the hands of Americans. Powell should allow Bitcoin to be freely redeemed for US dollars and to purchase goods in the United States... The Trump effect has just begun to ferment, and now many US listed companies have begun to plan to buy Bitcoin.

MicroStrategy (MSTR) recently purchased another 21,550 bitcoins for $2.1 billion, an average of $98,783 per bitcoin. The company's total Bitcoin holdings reached 423,650 BTC, accounting for 2% of the total existing Bitcoin, with an average purchase price of $60,234 per coin. US spot ETFs, including IBIT and FBTC, have surpassed Satoshi Nakamoto in terms of total Bitcoin holdings, and currently own more than 1.1 million BTC, more than any other entity in the world, and achieved this milestone in less than a year.
There are many pins in the bull market, although BTC has plummeted. In the past 24 hours, a total of 584,284 people worldwide were liquidated, with a total liquidation amount of $1.764 billion. But in the future, the BTC narrative will definitely be more high-end. It is possible for BTC to reach 100,000 again and break through 200,000 at the peak of the bull market. Don't be too pessimistic. BTC has never let anyone down. The bull market is still there. $BTC #1210超57万人爆仓 #市场回调抄底还是观望？ #MicroStrategy增持BTC