$BTC Super Trend: A Feast for the Coin Hoarders

BTC has broken the historical high, reaching 118,000, and looking upwards, it may hit 120,000.

If next week's weekly closing is above 114,000 and remains stable.

Coupled with macro expectations of interest rate cuts, this trend will likely continue.

If it does not close above this price, a short-term pullback will occur, providing more entry points for those who missed out.

Wall Street's expectation is a 25 basis point rate cut in September, and the market believes the probability is quite high.

But the key point is that when the rate cut happens, Bitcoin will definitely experience significant volatility, as real adjustments often occur right after the rate cut.

As long as altcoins are profitable, the profits should be converted into Bitcoin, and then use the coin-based approach for Binance dual-coin investments.

In the long run, at least there’s no need to worry about having fewer coins.

Honestly hoarding BTC and ETH has already outperformed most players.

Contracts bet on trends and extreme market conditions, seeing who has more margin.

Spot trading is more comfortable; just reach the long-term target price.