Crypto飞哥
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Actually, I hope this bull market ends soon.
Bitcoin is currently around 110,000, after hitting 124,700 and then retracing. Right now, altcoins are crashing collectively, and many people are starting to panic, wondering if a bear market is coming.
This is quite normal. Many who believe in the four-year cycle will always doubt during price pullbacks, worrying if the bull market has ended. However, those who truly believe in a long bull market rarely make decisive moves above 100,000. The usual outcome is that during the pullback, some people exit, and those who haven't entered still hesitate, resulting in fewer and fewer coins in everyone's hands.
Personally, I still choose to believe in the four-year cycle. I'm not waiting for a specific price for Bitcoin; rather, I am waiting for the moment when this cycle truly ends, to say a proper goodbye and start anew.
Every round of increase will have a 'calamity', although there may be more calamities than anticipated. Currently, based on indicators, sentiment, and my own intuition, I am gradually accepting the process of Bitcoin separating from the future, so I am slowly broadening my investment scope.
In the short term, BTC is unpredictable, but in the long term, there is no need for predictions. 120,000 is definitely not the endpoint. Microsoft's stock price was $45 in 2015, and now it’s close to $500; Apple was $30 in 2015, and now it's over $200. Back then, it seemed unreachable, yet in 10 years it multiplied by 7-10 times. Is it really impossible for Bitcoin to increase 10 times to $1 million in the next decade?
Whether you invest 100,000 or one billion, Bitcoin offers a long-term certainty opportunity that can help people achieve a leap in social class. What is truly lacking is just understanding its essence—a globally unique value benchmark.
Why do I still believe in cycles? To put it simply, it's a kind of 'mysticism'. Every new round of players must be baptized by the market: the veterans from 2013, the newbies from 2017, the retail investors from 2021, and this year's ETF retail and institutional investors. Only after everyone has experienced 'dying and being reborn' will Bitcoin enter a super long bull market like the NASDAQ. Currently, the main players are still ETFs and institutions, and the chasing and panic-selling is quite intense, so we are still a bit far from true faith.
As for market topping, I also refer to some indicators: long-term holding ratio, funding rate, group heat, Google searches, cycle indicators... but ultimately, it comes back to humanity's strongest function—intuition.
Bitcoin is currently around 110,000, after hitting 124,700 and then retracing. Right now, altcoins are crashing collectively, and many people are starting to panic, wondering if a bear market is coming.
This is quite normal. Many who believe in the four-year cycle will always doubt during price pullbacks, worrying if the bull market has ended. However, those who truly believe in a long bull market rarely make decisive moves above 100,000. The usual outcome is that during the pullback, some people exit, and those who haven't entered still hesitate, resulting in fewer and fewer coins in everyone's hands.
Personally, I still choose to believe in the four-year cycle. I'm not waiting for a specific price for Bitcoin; rather, I am waiting for the moment when this cycle truly ends, to say a proper goodbye and start anew.
Every round of increase will have a 'calamity', although there may be more calamities than anticipated. Currently, based on indicators, sentiment, and my own intuition, I am gradually accepting the process of Bitcoin separating from the future, so I am slowly broadening my investment scope.
In the short term, BTC is unpredictable, but in the long term, there is no need for predictions. 120,000 is definitely not the endpoint. Microsoft's stock price was $45 in 2015, and now it’s close to $500; Apple was $30 in 2015, and now it's over $200. Back then, it seemed unreachable, yet in 10 years it multiplied by 7-10 times. Is it really impossible for Bitcoin to increase 10 times to $1 million in the next decade?
Whether you invest 100,000 or one billion, Bitcoin offers a long-term certainty opportunity that can help people achieve a leap in social class. What is truly lacking is just understanding its essence—a globally unique value benchmark.
Why do I still believe in cycles? To put it simply, it's a kind of 'mysticism'. Every new round of players must be baptized by the market: the veterans from 2013, the newbies from 2017, the retail investors from 2021, and this year's ETF retail and institutional investors. Only after everyone has experienced 'dying and being reborn' will Bitcoin enter a super long bull market like the NASDAQ. Currently, the main players are still ETFs and institutions, and the chasing and panic-selling is quite intense, so we are still a bit far from true faith.
As for market topping, I also refer to some indicators: long-term holding ratio, funding rate, group heat, Google searches, cycle indicators... but ultimately, it comes back to humanity's strongest function—intuition.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
110,630.96
-1.44%