Before February 2025, as long as the market does not experience a black swan event, prices will not drop significantly. As long as Trump takes office safely, there shouldn't be any major issues. However, if Trump faces an attack during his term that jeopardizes his safety, the cryptocurrency market will be in chaos. So far this year, there have already been three incidents that could endanger Trump's safety. Although they are called incidents, they may also be intentional. Key time frame: November 5, 2024 – January 31, 2025. Probability 50%: 50% But at this position, I believe more strongly that Bitcoin will quickly break through 69,000 rather than retreat to 42,000 or even 30,000. But this is under the scenario of a black swan. An unpredictable outcome. However, I tend to be more optimistic about the market. If one attempt fails, there will be ten; if ten fail, there will be a hundred; if a hundred fail, there will be ten thousand. There will always be a time and space where Trump is safe.
The 2024 presidential election in the United States is crucial to the future policy direction of the cryptocurrency circle. Trump supports cryptocurrency, but Trump recently suffered an assassination attempt, which has a great impact on cryptocurrency. The presidential election day ends on November 5, 2024, and the elected president will take office on January 20, 2025. Under the condition of stable political factors, there is a high probability that a wave of bull market will ferment in the cryptocurrency circle; but if the forces behind it assassinate Trump many times, the impact on virtual currency will also be great. Maybe this is some uncertain black swan. Whether Biden or Trump is elected, the virtual currency market still has a long way to go. Bitcoin itself is growing in constant suppression. History is always surprisingly similar, but the wheel will eventually go further. Bitcoin is a financial instrument, and Dogecoin is the people's currency. 100 years later, people will not ask you how much legal currency you have. When you go out to consume, they will ask you if you have Bitcoin or Dogecoin, but people will find it funny to see that you are still using legal currency. Fiat money is printed and manufactured in large quantities, which is not open and transparent. Inflation dilutes people's wealth, prices rise, and economic recession. These are all flooding, recycling, flooding, and recycling. Prices continue to rise, and you know that the people are the ones who suffer in the end; so I suggest 1: Buy Bitcoin to preserve value. 2: Buy Dogecoin.
The future belongs to Bitcoin and Dogecoin. Don't miss this wave.
There are only 20 days left before the Bitcoin halving, and a new cycle is coming. But before the new cycle rises, some unsteady chips will be washed out, and then the crazy bull market will start. You can appropriately reduce some positions. After all, the overall position is high. Appropriate reduction of positions is to cope with changes in the market at any time and trade rationally. Adjustment will come soon!
If Bitcoin rises above $100,000 in a year and a half, will you regret not buying Bitcoin now? I believe more and more in the fact that some people speculate in A-shares, but they are still hovering around 3,000 points after ten years. However, those who bought Bitcoin ten years ago are already wealthy and free now, so the direction of their efforts is very important. If you are working hard on a market that has not changed or increased in value for more than ten years, then you should reflect on yourself. It is not that you are not working hard enough, but the direction of your efforts. Choose the right direction in life, and then combine it with objective laws to do one thing persistently. Although you are not 100% sure of a certain result in the future, you will at least move forward in the right direction and position. Let’s give time to what happens in a year and a half. The real success of Bitcoin will appear in this bull market. The final battle is about to start in two months. Are you ready to go all out? Let us witness the greatest commodity of the 21st century.
Investors around the world share 21 million Bitcoins, and if they are lucky enough, they can buy one Bitcoin. That is equivalent to being a dragon or a phoenix among people. Most people's living conditions are decades of mortgage and car loans. If you are lucky enough to own a Bitcoin, you may be able to buy a well-decorated house in a third-tier city in the future. Because the peak of the last bull market was close to 500,000 yuan per coin, assuming that the promotion of this bull market can push Bitcoin to 1 million yuan per coin, then this assumption should be established. Owning a Bitcoin at least solves the housing loan problem for decades. After all, not everyone buys real estate in first-tier cities. Living this way can still reduce a lot of stress. The adoption of spot ETFs has injected too much fresh funds into Bitcoin. The average price cost of these investors is around 50,000, and more funds will continue to flow in in the future.
Why a virtual item can be sold for 360,000 pieces? I’m terrified now when I think about it. What is the power behind this? I feel so horrible. If it rises three times more, it will surpass Apple's market value and become the world's most valuable commodity. What kind of power is this? Such a boss is definitely at the top of the pyramid. He is not only very good at politics, economic exchange rates and other aspects. Let’s look forward to $100,000 in Bitcoin!
The first time I learned about Bitcoin was in college. I only knew about such a thing in 2017. At that time, the news was all about pyramid schemes. Not even going to get into the details of what it is. The second time I learned about Bitcoin was in 2019. At that time, I was addicted to stock trading after school and couldn't extricate myself. In the end, I lost everything. I didn’t know how to buy Bitcoin, but it was because of an experience of being scammed. The scammer taught me how to download Ouyi, buy Bitcoin and then transfer it. Only here I slowly began to understand this circle. This is how I learned my first transaction, and I found it super troublesome to transfer money from a capital account to a trading account. The first real transaction was in March 2020. I just clearly remember that Bitcoin dropped 50% that day. I thought it was worth buying a little bit after it had dropped so much. At that time, I had hundreds of thousands of spare money, so I bought it. At that time, Bitcoin was about 4,000-5,000 US dollars, but I only dared to buy 10,000 yuan, and I sold it when it rose to 6,000. The news was saying that Bitcoin was halved. I have no idea what the halving is really like. I was secretly satisfied that I had done a good job. Later, I occasionally looked at the currency circle, and I looked at it not long ago, and found that the price of Bitcoin was getting higher and higher. First it was 8,000, then 10,000, and finally it was almost 20,000. Then it wasn’t long before I saw it again and it was over 40,000. Anyway, I just didn’t want to buy it. Finally one day I found out that this guy’s price had risen to about 50,000, but I didn’t buy Bitcoin. I searched for a software called Sesame Hashrate on my mobile phone, and I bought three 68t mining machines from there for mining. 😂 Not long after, the country began to ban virtual currency mining. I lost almost half of the mining machine I bought for more than 100,000 yuan. The platform sent me 2 units, which was considered a takeover. It was at this time that I started to have an opportunity with the currency circle. Then I didn’t look at the currency circle for almost a year. I speculated in stocks almost every day, studying the short-term daily limit, lower limit, hitting the market, halfway, buying low... I tried almost all opportunities but ended in failure. It was almost after the FTT thunderstorm that I started to learn more about the currency circle. I paid a lot of tuition here to understand that the market is constantly diluting the Bitcoins in the hands of retail investors, and I must hold BTC firmly for a long time!#BTC
From the recent transfer of 27 Bitcoins on the chain to the genesis address, to someone spending money to engrave a bunch of data on the chain, the analysis here shows that a historic moment is coming! These behaviors can be understood as belief in the creation address, a behavioral driving force that affects the entire market behind the scenes. Such behavior is a potential driving force that can create a boosting sentiment for the bull market. The emotions are slowly fermenting, and they are far from reaching the state of being close to madness. Now there is a sense of frustration. Everyone seems to be still speculating that there is still some distance from madness! The surge is coming!
Tribute to Satoshi Nakamoto! Satoshi Nakamoto recorded the Times’s front page headline of the day in the CoinBase data of the genesis block: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks (The Chancellor is on brink of second bailout for banks) the edge of)
The virtual currency circle itself is a game, and the makers of this game are definitely from high-level managers and combine expert teams from many fields. This game has been going on for more than ten years, but the game has become more and more In fact, it looks more and more like a revolution. But being in the circle is just to make money. For people outside the circle who don’t want to know about this industry, it actually doesn’t matter. The ups and downs have no meaning to them. Because they are not involved in this game, but those of us in the circle can smell it every day. In fact, in comparison, let’s talk about A-shares. The most valuable A-shares are Moutai, followed by pharmaceuticals or non-ferrous metals. In the United States, technology companies are all high-growth and have been around for decades. bull market, this is the political environment. So on the contrary, I think there is also a political environment within the currency circle. This political environment is the confrontation and balance between centralization and decentralization. When trading stocks, I often see a saying: "Diversity is the buying point." I understand what it means. Yes, as long as there are still big differences in this market, there will definitely be room for growth in the future. If one day decentralization and centralism are tied, then the differences will disappear. In fact, the market will have already It has reached a period of chaos, and everyone is in the same pot. At this time, Bitcoin has also matured, or from childhood to adolescence to young adults, middle age and finally to old age. Now Bitcoin is in the young adults period. In the future There is still a long way to go! Cherish what you have at the moment! Just believe firmly! The entire market will explode at a certain node in the future!
Bitcoin will only do things in cycles. And nothing else will happen. His result is an increase. This is the beauty of the Bitcoin cycle. A double bottom structure will not be created because of the double top structure of the last bull market. Such Bitcoin is impure. Absolutely pure Bitcoin will only rise accordingly in its due cycle. Only in this way can we go to the real distance. Bitcoin has had a huge impact on global finance and politics, and Bitcoin will become more and more stable. Buying Bitcoin is like buying gold and oil. Please continue to be firm, no matter what happens, the bull market will eventually arrive as scheduled, and the bull market will not be late. It is precisely because of the existence of gold and Bitcoin that the world can be more stable and harmonious. Without pure safe-haven assets, finance would have collapsed long ago.
They have been putting up smoke bombs, giving people the feeling that the current Bitcoin cannot be sold. If it suddenly passes one day, it will definitely usher in a violent rise. If you sell it now, you will definitely not be able to sell it. If you buy it the moment it passes, you will definitely buy it. That's too late. The smoke bombs that are being kept going now are actually hype expectations. The moment the real Bitcoin spot passes, it should be shipped first. The market is relatively excited now, but many people are hesitant to get on the bus. As soon as the spot passes, there is a high probability that they will get trapped and enter the callback stage. After the subsequent callback, incremental funds will begin to enter the market, and it is estimated that the return will start. A real bull market. Will it be 4xxxx this year?