Recently, the US stock market has been continuously falling, while gold and Bitcoin have been rising.

Last week, the strategy increased its holdings of Bitcoin by over 6,500, with an average price of $84,785. It may be difficult for many who are re-entering the Bitcoin market to buy at this price again. Those who are hoping for further declines may end up chasing the price higher. Don’t be fooled by the current price of over $88,000; some people are just waiting impatiently until it reaches over $90,000 to buy, but they won't buy when it drops. They chase after the price when it rises.

Just like most people buying gold, when gold is lukewarm, no one thinks about buying it. Now that gold is rising rapidly, everyone rushes to buy it, fearing that the price will keep rising and they'll miss out.

In fact, many people don’t realize that Bitcoin is an asset that can be held long-term. If it drops to $100,000, it can be bought at any time, similar to gold, which has enormous potential for appreciation. In the short term, one can make a wave trade; don’t just look at the current price—actually, in the long run, it could take just three to four years for $BTC to multiply several times.

BTC

88,726.13

+1.59%