Bitcoin may have reached its peak in the short term!
The reason I say Bitcoin has reached its peak in the short term is that many people with ulterior motives are scrambling to enter this industry. Ultimately, this industry will lead to a dead end, starting the harvest of doomsday.
Many matters that become widely known do not end well. If everyone believes that digital currencies can make money, many people will enter this industry and start issuing coins, like the early days of Trump. Now, even a Japanese girl has started to issue digital currency.
What is the purpose of this frequent issuance of digital currencies? Isn’t it just to harvest the inexperienced investors? In this frenzied harvesting, as the leader of digital currencies, Bitcoin will inevitably be affected, and nothing can rise indefinitely. Although there may still be opportunities for Bitcoin in the future, its current situation is still at a dead end.
All capital has entered the field of digital currency, initiating a shocking chess game of capital harvesting from retail investors. Under this chess game, even if retail investors have motivation and funds, in the end, they will only lose everything, causing most people to exit. When the tide goes out, who is actually swimming naked?
The glory of Bitcoin may have become a thing of the past. In the coming period, Bitcoin will inevitably face a weak correction, and the current price of Bitcoin has already deviated from its actual demand. In this decoupled situation, the rise of Bitcoin is merely the result of capital speculation, and after the speculation, there’s nothing left but chaos.
So in the short term, we really need to pay attention to the risks of Bitcoin.
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