Bitcoin is trending again! From 'Digital Gold' to 'King of Roller Coasters' in a magical daily routine
While you are still debating whether to add an egg to your breakfast, Bitcoin has already completed a series of operations: 'surge 5% → drop 3% → stabilize in a sideways movement'. The heartbeat of cryptocurrency players is almost sawtooth shaped. This 'digital native' born in 2008 has recently become a regular in financial news, as global central banks are increasingly researching digital currencies.
Some compare it to 'the gold of the crypto world', claiming its total supply is fixed and never increases, making it a tool against inflation; others criticize it as a '24-hour non-stop roller coaster', with daytime surges making you want to increase investments and midnight drops making you want to turn off the lights. Interestingly, it can be seen as a future currency by Silicon Valley moguls and used by African vendors to receive cross-border payments, truly a 'slashie' in the financial world.
The latest news is that Bitcoin has quietly crossed the $30,000 mark, and some in the community have started calling for a 'target of $100,000', while others have quietly opened their dollar-cost averaging calculators.