Stud artist
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Is Bitcoin aiming for $200,000 this year? Don't dream about it!
Glassnode's chief analyst James Check recently poured cold water on everyone, saying: Bitcoin reaching $200,000 this year? It's basically impossible! Why? Because the current market trading volume is too low to support such a drastic increase.
However, this guy isn't completely bearish on Bitcoin. He believes that within five years, Bitcoin will definitely break $200,000; just don't expect it this year.
In short—don't get too excited in the short term, but it's still stable in the long term!
Many people in the market are daydreaming about Bitcoin skyrocketing soon, but when professional analysts like James Check speak up, everyone needs to stay calm. After all, this thing fluctuates too wildly; it's really hard to hit the jackpot in the short term.
So, those holding Bitcoin can continue to hold calmly, waiting for the bull market in a few years; but if you're hoping to get rich this year, you might need to adjust your expectations. Anyway, in the crypto world, a day feels like a year; who knows what surprises tomorrow will bring? 😂$BTC
Glassnode's chief analyst James Check recently poured cold water on everyone, saying: Bitcoin reaching $200,000 this year? It's basically impossible! Why? Because the current market trading volume is too low to support such a drastic increase.
However, this guy isn't completely bearish on Bitcoin. He believes that within five years, Bitcoin will definitely break $200,000; just don't expect it this year.
In short—don't get too excited in the short term, but it's still stable in the long term!
Many people in the market are daydreaming about Bitcoin skyrocketing soon, but when professional analysts like James Check speak up, everyone needs to stay calm. After all, this thing fluctuates too wildly; it's really hard to hit the jackpot in the short term.
So, those holding Bitcoin can continue to hold calmly, waiting for the bull market in a few years; but if you're hoping to get rich this year, you might need to adjust your expectations. Anyway, in the crypto world, a day feels like a year; who knows what surprises tomorrow will bring? 😂$BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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