🌈 Bitcoin finally broke through 100,000 on December 5 after 10 days of fluctuations! A historic moment, 24 years of waiting for 6-digit BTC, Comrade Jianguo is really awesome!
Which factors have played a boosting role?
1. Trump nominated crypto advocate Paul Atkins as the new chairman of the SEC
2. Powell: Progress has been made in reducing inflation, and he also mentioned that BTC's competitor is gold rather than the US dollar:
3. Putin clearly supports crypto: No one can stop BTC
4. Stablecoins continue to be issued, and the market value exceeds 200 billion US dollars
5. The Korean market has plummeted before, and a large number of funds have bought the bottom
6. BTC halving: The most recent halving was in May this year. According to the cycle law, the second half of the crypto bull market has just begun, and 2025 will still be a bull market year.
7. Innovation and development of the industry
At present, the combination of AI and Web3 has become a hot spot for industry innovation, and has also attracted many traditional investors and entrepreneurs. New application paradigms are gradually unfolding.
Bitcoin hitting 100,000 is not a bad thing for altcoins. We have shared before that when Bitcoin breaks through 100,000, the entire crypto market will usher in an accelerated trend, not just BTC itself.
In the face of such a market, don’t be nervous, don’t panic, curse as you like, and don’t move your hands. 🤭$BTC