Bitcoin today surged past £57,500, and the recent surge in Bitcoin is largely due to the continuous entry of whale institutions. At this moment, breaking the historical high is no longer a question; what we should consider now is whether Bitcoin will break £64,000 on November 5th. Recently, Ethereum, which was struggling, has also passively broken £2,200 today. This can be seen from the market volume comparison. The significant surge in Bitcoin today has left many who sold at a loss the other day puzzled, and it has made many who are on the sidelines sigh in despair. The crypto market has given you ample opportunities, but if you cannot see the trend and are always chasing the highs and lows, you will end up chasing the market when it is at its peak!
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Let’s look back at the market crash a few days ago; on October 24th, Bitcoin briefly dropped to £52,000. An “erroneous” news report from the U.S. about an investigation into Tether misled countless people, while Israel and Iran engaged in a missile crisis that inadvertently harmed many in the crypto space. The current crypto market is actually a circle filled with news and scams. In reality, it’s all a clever strategy by whales and institutions to acquire chips, which is what we often refer to as the 80/20 rule in the crypto market. The market is ever-changing; today someone says it’s going up, tomorrow someone says it’s going down. Today, someone claims this coin will increase a hundredfold, and tomorrow another coin will do the same. These are all sources of anxiety. Whether you can overcome it depends solely on yourself. This is a lifelong journey for everyone in the crypto space. The sooner you resolve it, the sooner you benefit! $BTC $FLOKI $PEPE