5.20 In-Depth Analysis of the Crypto World: Can Bitcoin Become the New Gold? Investment Strategy Revealed!
Good morning! Get the latest updates from the crypto world in one go!
Recently, it has been emphasized that Bitcoin (BTC) is absolutely an asset worth significant allocation. In the context of intensified market volatility and widespread declines in altcoins, BTC has risen against the trend, demonstrating incredible resilience.
The latest on-chain data shows that over 10,000 BTC flowed out of exchanges in the past 24 hours. What does this mean? Simply put, as long as there are sellers in the market, there are mysterious forces buying behind the scenes—these "dog traders" (a colloquial term) are crazily accumulating positions.
This wave of market movement is not a coincidence! Global capital is betting on Bitcoin's potential to become "digital gold":