💥Evening Market Analysis：

Every few days, some brothers ask: Can we still buy BTC? Is it more cost-effective to buy altcoins?

Let's take a look at a set of data to help everyone better understand this issue.

Last week, Strategy purchased 21,021 units of $BTC at an average cost of $117,256, totaling $2.46 billion.

The publicly listed company Sequans also increased its holdings by 85 bitcoins,

while the subsidiary of Coinsilium Group, Forza, increased its holdings by 57.54 BTC.

In addition, the net outflow of bitcoins on CEX platforms in the past 24 hours reached 1,017.72 BTC.

It is worth noting that the purchase costs of these institutions are generally above $110,000. So, is it still worth buying BTC now?

In fact, this is similar to buying gold 3-4 years ago, or even 10 years ago. Gold as an asset has existed for thousands of years, and its price has already risen to new highs, yet many people are still willing to buy at high prices.

Why? Because its ability to store value is long-term and stable, and BTC possesses such qualities as well.

So, although the price of BTC is no longer cheap, in the long run, it is still a worthwhile asset to hold and invest in.

For fans still confused and uncertain about the future market direction, you can consult Brother Yao, who will personally lead you in the right direction. #币安Alpha上新 #加密市场反弹