Only those who have truly fought in war know that real warfare is not the passionate and thrilling slaughter, but the patient waiting for the opponent. It is inevitable for BTC to pull back to the daily line of 30; having risen so much, it's normal for it to lower its head and graze a bit.
It's just normal consolidation, fluctuations around 10,000 for BTC will become the norm. Next, BTC is likely to continue testing the daily 30. Altcoins will take this opportunity to strengthen further. BTC needs to consolidate repeatedly around 100,000 to perform even stronger, which also aligns with the historical trend of December's bull market. Don't panic, don't act recklessly.
The centralized Ripple currency has defeated other decentralized currencies and is about to become the world's second largest circulating token, with a total market value second only to Bitcoin👍 #XRP市值重回第三
Personally, I believe BTC has performed relatively strongly over the past week, consolidating to repair emotions and indicators. This year, it is only a few hundred dollars away from reaching 100,000 USD. From a psychological perspective, I think BTC should soon break through its previous high and reach new heights, surpassing the 100,000 mark. Currently, funds are shifting towards altcoins, so there is no need to be too anxious about the limited rise of your holdings; just be patient. If you are still holding cash or less than 70%, I can give you some tips. 😃 $BTC 😀
XRP: How long can the "myth" in the bull market last? XRP's performance is legendary. From the perspective of many analysts, this coin may hit a high of $5 or even $10. Technically, the resistance level is $4.11 and $6.42, and the target is $5.85. Market catalysts cannot be ignored: the expected resignation of SEC Chairman Gensler and the possible introduction of crypto-friendly policies will further boost the price of XRP. Bitget Research is more optimistic and predicts that the price of XRP will reach $2.57 by the end of 2024. $XRP #XRP解锁新趋势
BTC is likely to continue fluctuating. Although there is significant selling pressure, buyers are also not backing down. In the short term, a stalemate between bulls and bears is naturally occurring. I believe this position presents an opportunity for altcoins to continue strengthening. My personal view remains unchanged. Let's see on Monday BTC$BTC