Josh Torrs

Bitcoin: The Rise of Digital Gold and Current Trends
Entering November 2025, Bitcoin is at a critical turning point. In the past 24 hours, its price has fluctuated around $104,000, dropping about 1%-2%, influenced by fluctuations in the US stock market and profit-taking, with the market fear index (Fear & Greed) falling to 26, indicating a prevailing sentiment of 'fear'.
However, positive signals are emerging: the US House of Representatives is advancing a bill to end the government shutdown, which is expected to be voted on tonight, potentially boosting risk assets.
At the same time, billionaire Jack Dorsey's Cash App has launched a Bitcoin payment feature, covering 60 million US users, allowing users to settle in dollars without holding BTC, and merchants are exempt from the 3% credit card fee, greatly lowering the adoption threshold.
Additionally, Bitcoin ETF net inflows are recovering, and analysts predict that BTC could rebound to $114,000 by the end of the year, and even reach highs of $150,000-$200,000 next year.
Despite short-term volatility increasing, Bitcoin's long-term narrative—as a store of value—becomes increasingly solid. Amid geopolitical uncertainties, it is not only a speculative tool but also a pioneer in reshaping the future of finance. Investors need to be wary of leverage risks and embrace its anti-censorship nature. In the future, Bitcoin may illuminate the infinite possibilities of the digital economy.
Bitcoin (BTC), as the world's leading cryptocurrency, was proposed by the mysterious founder Satoshi Nakamoto in 2008 and officially launched in January 2009. It is a decentralized digital asset that enables peer-to-peer transactions using blockchain technology, without the need for banks or government intermediaries. The core appeal of Bitcoin lies in its limited supply—only 21 million coins, gradually released through a 'mining' mechanism. This design is inspired by 'digital gold', aimed at combating the inflation risks of traditional finance. Transactions are validated through cryptographic algorithms, ensuring security and transparency, with each record permanently stored on a distributed ledger. Since its inception, Bitcoin has started from a few cents, has gone through multiple bull and bear cycles, and has become a darling of institutional investors, pushing the global cryptocurrency market capitalization above $3 trillion.
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Eight Major Tips for Trading Cryptocurrencies, Beginners Come to Learn

1. Average Down to Break Even, Seeking Profit is Greed.
When trading cryptocurrencies, it's inevitable to encounter a few coins that get stuck. At this time, it is essential to remember not to fantasize about instant recovery from losses; hasty actions will only trap you deeper in the mud and make it difficult to extricate yourself. You should honestly average down to protect your capital, only then can you maintain a steady flow like a gentle stream.

2. Calm Surface with a High Wave, Beware of Big Tides Behind. The cryptocurrency market seems calm on the surface, but there are undercurrents. Do not be deceived by the insignificant small gains in front of you; always maintain high vigilance and be on the lookout for possible severe fluctuations that may occur next.

3. After a Big Rise, There Must Be a Correction, K-Line Forms a Triangle Over Several Days. When the price of a coin is soaring, do not get overly excited and forget yourself. Because after this frenzy, a correction is inevitable. Traders need to be able to analyze the K-Line trends; isn't it a well-formed equilateral triangle drawn over several days?

4. Buy on the Way Down, Sell on the Way Up, Go Against the Market to Be a Hero. When buying coins, choose to decisively enter during a downtrend; when selling coins, make the decision during an uptrend. By going against the trend, one can achieve unexpected victories and become a hero in the cryptocurrency world.

5. Do Not Sell at Highs, Do Not Buy at Dips, Do Not Trade in a Sideway Market. When the price of a coin spikes, do not rush to act; during a drop, do not hastily bottom-fish. When in a sideways market, you must tightly control your hands, observe calmly, and adapt without changing.

6. Look for Support in an Uptrend, Look for Resistance in a Downtrend. When the price of a coin is in an uptrend, closely monitor the support levels to prevent sudden drops; during a downtrend, pay attention to resistance levels to decisively bottom-fish at the right time.

7. Full Position Trading is a Big Taboo, Stubbornness is Not Advisable, Know When to Stop with Uncertain Changes, Enter and Exit with Ease by Observing the Market. Do not engage in full position trading; betting everything is indeed a poor strategy. The cryptocurrency market is unpredictable; understand when to take profits, and be able to enter and exit freely. Only by calmly observing the changes in the situation can one grasp the best timing.
8. Trading Cryptocurrencies is About Mindset; Greed and Fear are Great Dangers. Be Cautious of Fluctuations, Stay Calm and Comfortable. For excellent traders, mindset is crucial when operating in the cryptocurrency market.

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