Bitcoin has surged to $101,000! What should we do now? Let's have a simple chat

Brothers! Bitcoin has recently skyrocketed to $101,000 (yes, that's six figures!), and I guess many people are both excited and anxious. Let's briefly talk about what's going on and what we ordinary people should do👇

Why the sudden surge?

1️⃣ Big institutions are going on a buying spree: Several Bitcoin ETFs in the US (like ARKB, FBTC) are attracting massive investments daily, and institutional bigwigs are really willing to buy. The total holdings have now exceeded $110 billion!

2️⃣ Bank interest rates are too low: The Federal Reserve refuses to lower interest rates, so saving money in the bank is worse than investing in Bitcoin, as it’s a bet that it can withstand inflation.

3️⃣ International situation is chaotic: India and Pakistan have been making noise recently, and some people feel that gold is not exciting enough, so they are turning to Bitcoin to avoid the storm.