Bitcoin has reached a new all-time high again!
This surge has sent the crypto community into a collective frenzy, with everyone on social media sharing their profit screenshots. Who is behind this wave of hype? Let me get straight to the point!
Recently, Bitcoin's skyrocketing price seems unstoppable, breaking records every few days. The driving forces behind this market trend can be summed up in three keywords: Eastern capital, Western monetary easing, and global risk aversion. First, let's talk about China. Although the official stance is ambiguous, there have been many more Chinese addresses quietly accumulating assets in Grayscale Trust, indicating that high-net-worth individuals in the country are entering the market through compliant channels to buy the dip. Now looking at the U.S., the Federal Reserve just announced a continued delay in interest rate hikes, which the market interpreted as the endless printing press continuing to operate. With expectations of a depreciating dollar, Bitcoin, as a fixed-supply digital gold, has naturally become highly sought after.
The key point is that global risk aversion sentiment is rising. The Russia-Ukraine conflict, the Middle East situation, and the financial crises in Europe and America are unfolding one after another, and traditional financial markets are like riding a roller coaster. At this time, Bitcoin's property as a “digital safe haven” has been fully activated by institutions. Wall Street giants like BlackRock have been aggressively increasing their holdings, and even Tesla has put Bitcoin back on its balance sheet. Isn't this signal clear enough?
In short, this surge is a tacit cooperation between Eastern and Western capital amid inflation panic, coupled with geopolitical factors pushing things along, directly elevating Bitcoin to the pantheon of assets. Is now the right time to enter? Don’t ask, just do it!
Here comes the important part! BTC has already surpassed its previous high; now we can look for some strong coins to invest in. I have already made a list of potential buying opportunities! Expecting 5-8 times returns, if you want to get rich quickly, brothers/sisters, like and comment so I can see you!
