点击一起讨论！ Is now the time to buy Bitcoin?
Recently, the Bitcoin market has become lively again. Since the halving event in April this year, the Bitcoin price has been fluctuating between $65,000 and over $70,000, but many large holders (whom we call 'whales') have been quietly increasing their positions. According to on-chain data, over $11.2 billion worth of Bitcoin has been bought in large amounts over the past week.
So, should ordinary investors enter the market now? Let's look at it from several angles:
1️⃣ Whales are buying: Is it a signal or a trap?
The movements of large capital players usually provide direction for the market. Their entry at this time may be betting on the start of a bull market by the end of the year. However, it is important to note that whales have more room for error, while retail investors need to be more cautious in managing risks.
2️⃣ The macro environment is relatively positive
Expectations for interest rate cuts in the U.S. are rising, coupled with the continued positive effects of Bitcoin ETF approvals, these factors are providing 'nourishment' for the market. Additionally, an increasing number of traditional financial institutions are beginning to allocate Bitcoin, indicating that it is gradually moving towards mainstream assets.
3️⃣ Technical analysis shows opportunities are gradually maturing
From a technical perspective, Bitcoin is constructing a solid support area. Although there may still be fluctuations in the short term, in the medium to long term, breaking the historical high (around $73,000) is just a matter of time.
$BTC
