After three times, Bitcoin may find it difficult to hold the 70,000 mark, and there is 20,000 points of space waiting for you below!
Bitcoin is soaring all the way to the 70,000 mark. Is the whole network singing bullish again? I remember hearing calls for 100,000 since the beginning of the year. It’s already the end of the year. Is the bull back? Is it shouting 100,000 as soon as it rises? There is nothing wrong with going long all the way. From the beginning of 5, it will soon be 7, but you have to be cautious with Bitcoin after 7. Don’t forget the pain after the scar heals. This year, Bitcoin has fallen from 7 four times. As the old saying goes, things never happen more than three times. It has fallen four times, so will there be a fifth time? Let’s recall the four times Bitcoin went to 70,000!
Good morning, the overnight short position has been perfectly cashed out! A big drop in the early morning successfully reached the target position. Bitcoin gave everyone a direct short at 61,500. If it fell below 60,000, it would look at the 59,000 line. The lowest price dropped to 58,200, which gave everyone a big surprise. Ethereum allowed everyone to go short at 3,330, with the target looking at 3,280 and 3,230. It rebounded at 3,241, which was also a big gain! These two big short positions were given to everyone directly at the public current price. Don’t say you didn’t keep up with the meat!
Most people are wasting their time in exploring techniques and patterns. In fact, patterns and techniques are not that mysterious. Some very simple techniques and patterns can make money. A person’s biggest enemy is himself. Inner greed, selfishness, irritability, prejudice, laziness and other negative emotions. If a person cannot do some small things in daily life, cannot handle family relationships, and cannot do his job well, then it is simply a fantasy to dream of doing the most difficult job in the world - trading.
In the end, trading is actually a matter of personal cultivation. The biggest feature of trading is actually the torture of people's emotions. Only by realizing the true meaning of life and having extremely high personal cultivation can one achieve extraordinary results. No matter what, if you want to achieve results, you must have a personal thinking mode, outlook on life, values, etc. A lazy person who wants to master some technical things and try to solve the problem once and for all is basically daydreaming. #Mt.Gox将启动偿还计划 #美国PCE数据将公布 #币安合约锦标赛 $BTC $ETH
加密夏森-备用
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Bearish
The downward space has been opened. If you don't go short now, when will you go short? I dare not buy at the bottom. Since the rebound is weak, go short. Go short at the current price of Bitcoin near 61500, target 60500 and 60000, break down to 59000, and defend 62300;
Go short at the current price of Auntie near 3330, target 3280 and 3230, and defend 3380.
The above is only my personal opinion. Investment is risky. Be cautious when entering the market! #币安合约锦标赛 $BTC $ETH
Bitcoin is now skyrocketing. As long as we don't enter the market to buy Bitcoin, the United States will harvest it. It will harvest it when you enter the market. To put it bluntly, it is harvesting people who enter the market. Of course, the purpose is to harvest people related to Dongda. Dongda does not enter the market, and only Jewish capital can keep shouting for appreciation. Just like gold, it is just an equivalent target. Gold has been a hard currency since ancient times and has been widely recognized. Bitcoin is a virtual thing, and now it is just telling a story to make everyone recognize it.
Who is in control of the source of virtual things like Bitcoin? This is the biggest uncertainty, but it is most likely Jewish capital. Bitcoin is used by the United States to rob the world. Once Bitcoin is recognized as legal, the United States will buy all U.S. Treasury bonds with Bitcoin, and then the U.S. Treasury bonds will be easily untied. After that, the United States will immediately declare Bitcoin an illegal currency, which is simply killing two birds with one stone.
Bitcoin can't fool the people of Dongda, so we have to thank Zhao Changpeng for entering the market alone and setting a good example. It is not surprising that Bitcoin has risen to millions. It is a string of code without any physical support. How can it rise so high? If the current trend continues, Bitcoin is basically a dead end. Some people think that Bitcoin is about to be abandoned. If they don't make a profit, they will lose it. That's why the last wave of price increases was launched.
No matter who holds Bitcoin, as long as the Bitcoin can be converted into cash at any time, it is still useful. However, El Salvador uses Bitcoin as a circulating currency, but the World Bank does not recognize it and does not want Bitcoin. Bitcoin can't fool the Chinese at all. There are still a few people who believe in it, but they are just a few. They just deliberately make up false news just to sell their Bitcoin.
The biggest risk of Bitcoin is that there is no institution, organization, or entity to endorse Bitcoin. This shows that Bitcoin is a pure bubble. If there are still people willing to join the game, they can only say that they are asking for trouble. Bitcoin is just a useless virtual currency that wastes world resources. It is no different from game currency. This is the same routine as the Ponzi scheme.
Let's take a look at the rarity of Bitcoin. Here is the expected data for Bitcoin production over the next period of time: 1. By 2028, approximately 1.58 Bitcoins will be produced every ten minutes. 2. By 2040, the hourly Bitcoin production will be roughly 1.17 Bitcoins. 3. By 2056, the daily addition of Bitcoins will be about 1.75 Bitcoins. 4. By 2068, the weekly Bitcoin production will be approximately 1.53 Bitcoins. 5. By 2076, the monthly addition of Bitcoins is expected to be 1.67 Bitcoins. 6. By 2092, the annual Bitcoin increment will be around 1.25 Bitcoins.
The ten new cryptocurrency policies promised by Trump have created a significant stir in the crypto world. During the election ballot counting period, cryptocurrencies experienced a surge, with Bitcoin briefly soaring to $100,000, and Ethereum, Dogecoin, and others also rising. However, shortly after his election, Bitcoin's bull market took a sharp downturn, and it is very likely to reach a historical high again in January. Factors such as the Federal Reserve's interest rate cuts, Powell's statements, and the expiration of futures contracts are all influencing the market trend. Will Trump's promises be fulfilled? The future of the crypto world is full of uncertainties, and investors need to stay alert and make careful decisions.
🚨Is it illegal for individuals to buy and sell Bitcoin⁉️
If you buy or sell Bitcoin by exchanging it for USDT, then you can buy USDT at will and no one will catch you; and you can sell USDT at will and no one will catch you.
The key is whether you use a bank card when you sell. If the money received by your bank card is black money (that is, the funds involved in the case), then you are breaking the law in this case.
In fact, there is no law or regulation that clearly states that buying and selling Bitcoin is illegal. The 9.24 announcement is just to remind everyone that buying and selling digital currencies is not protected by law, and you have to be responsible for your own profits or losses.
The act of using a bank card to sell coins is not illegal in itself, but if you receive black money, once the police trace it back, and you can't explain the situation clearly...
Whether it is illegal or not actually depends on whether the source of funds you receive with your bank card is clean. It is not illegal to conduct normal digital currency trading operations.
As long as you are an innocent victim, you can find a lawyer to help you, or prove your innocence. In this way, at most you will lose some money, and you will not have to spend the rest of your life in jail!
In the past, cryptocurrency was known as dark money, traded in dark markets; now it needs to be open and aboveboard. Therefore, the crypto community has transformed the phrase “Make America Great Again” (MAGA) into MBGA, “Make Bitcoin Great Again,” because Bitcoin has faced two rounds of suppression and significant setbacks during Biden's presidency. Now, the time for its resurgence has come, and the table is already filled with people discussing whether they can make cryptocurrency mainstream.
Of course, to truly make it mainstream, a series of institutional developments will be needed after Trump takes office:
First, the story needs to be well-crafted;
Second, some regulatory restrictions must be lifted, such as the fact that the Federal Deposit Insurance Corporation explicitly prohibits banks from providing loans to those involved in cryptocurrency trading. Currently, cryptocurrencies cannot directly connect with the U.S. banking system's accounts. Under the management of the aforementioned individuals, these obstacles should soon be eliminated;
Third, institutional investors need to be encouraged to invest in cryptocurrency. For instance, some pension funds have already begun investing in cryptocurrency;
Fourth, allowing foreign investment, just like foreign investments in the U.S. stock market. Will this approach to the development of cryptocurrency carry risks?
Certainly, there are risks. The first risk is that cryptocurrency has no assets to back it up; if it collapses, it will be unclear who to turn to for help;
The second, greater risk is that it could have a significant impact on the hegemony of the U.S. dollar. After World War II, the dollar's dominance grew alongside America's high technology, military, and credit. Whether Trump's actions will ultimately make him the grave digger of the dollar's hegemony or whether, like tying the dollar to gold in the past, he will tie it to cryptocurrency is uncertain, especially since these cryptocurrencies are directly related to his family's wealth.
Bitcoin is not a currency Although it has the titles of "digital currency" and "cryptocurrency", it is still far from currency, and it is not even a currency at all. It can only be regarded as a speculative asset at best. Bitcoin does have many properties of gold: limited, anonymous, neutral and non-sovereign, can be circulated globally, etc. It can be said to be a genius design! But genius is ultimately inferior to nature. Compared with gold, Bitcoin's purely digital virtual properties lead to its unlimited hype! Without the restriction of anchors, its price can be 0 or trillions. If any king is willing, I can buy his country with one glory coin! Don't believe it, there was once a king (business empire) who was willing to pay several bitcoins to buy a light new dress! Later, a child told the truth: Why is the king not wearing clothes! The king was about to explode, and the minister next to him said: Your Majesty, calm down, I heard that someone once used 10,000 bitcoins to buy only one pizza. You only lost half a pizza! I think the inventor of Bitcoin should be Lao Tzu. His theory points out that the use of uselessness is the greatest use, and nothing is something! Nothing is the highest realm of something, and the highest realm of scam is the emperor's new clothes! As an equivalent exchange, it is impossible for currency to have such an astonishing rise and fall. An equivalent exchange is like a ruler, which can measure the value of all commodities. However, this ruler itself is very flexible, just like the golden hoop in the hands of Sun Wukong, which can be stretched and retracted freely. Can you still say that it is a measure? It is a standard killer!
The price of Bitcoin compared to the US dollar will definitely continue to rise. There are views that Bitcoin's price is already high, extremely high, indeed. After all, it is just a worthless string of numbers!
However, from a certain perspective, it is not yet the price peak; is 150,000$ it? No! What about 200,000, 300,000, or even 400,000$? Not yet! Because the real manipulators have not yet achieved the expected results; currently, those stepping in are all small investors, and they are the kind who constantly want to profit and escape, turning into the 'scythe' small investors; when the big investors arrive, that will be the highest price point!
Did you miss out back then? Ten years ago, just buying something casually could have earned you 1 million dollars. $3,600 investment in Bitcoin → now worth $1 million $3,700 investment in Nvidia icon → now worth $1 million $34,000 investment in Tesla icon → now worth $1 million $52,000 investment in Netflix icon → now worth $1 million $55,000 investment in Broadcom → now worth $1 million $68,000 investment in Amazon icon → now worth $1 million $92,000 investment in Eli Lilly icon → now worth $1 million $108,000 investment in CarGurus icon → now worth $1 million $110,000 investment in Microsoft icon → now worth $1 million $115,000 investment in Apple → now worth $1 million $125,000 investment in Meta → now worth $1 million $140,000 investment in Google icon → now worth $1 million Did you miss out back then?
From a car to a meal, how much has the purchasing power of the US dollar plummeted in 100 years? The US dollar is one of the strongest currencies in the past 100 years. However, the US dollar has lost 96% of its purchasing power in 100 years Other currencies are even worse! 1934: $100, about the same as a used car 1944: $76, the purchasing power of $100 has dropped by 24% 1954: $50, the purchasing power of $100 has dropped by 34.21% 1964: $43, the purchasing power of $100 has dropped by 14% 1974: $27, the purchasing power of $100 has dropped by 37.21% 1984: $13, the purchasing power of $100 has dropped by 51.85% 1994: $9, the purchasing power of $100 has dropped by 22.22% 2004: $7, the purchasing power of $100 has dropped by 17.86% 2014: $5.75, the purchasing power of $100 has dropped by 17.86% 2024: $4.25, the purchasing power of $100 has dropped by 26.09%
Year-end summary of various asset price increases, a chart to understand which assets will be the most profitable in 2024!
BTC had the highest increase at 124.6%, but also experienced high volatility.
The S&P, NASDAQ, gold, and Nikkei remain stable and high-growth mainstream assets; from a volatility perspective, the S&P and gold are superior.
Hong Kong stocks and A-shares also saw double-digit increases; those who understand will naturally understand.
In the global emerging markets, Argentina is the best; in fact, Argentina's economic reforms are like a spotlight on the entire economic stage, yet everyone seems to overlook it.
In the Asia-Pacific region, Vietnam stands out; surprisingly, India has hit a wall.
A map to understand the ranking of cryptocurrencies in the market
Bitcoin (BTC): The "king" of the entire cryptocurrency market, possessing primary and dominant status.
Ethereum (ETH): Ranked just below Bitcoin, known as the world computer.
Cardano (ADA): Created by the co-founder of Ethereum, but its market capitalization and application ecosystem have not yet reached the heights of Ethereum.
Dogecoin (DOGE): Originally a joke, but with endorsements from celebrities like Musk, it has become a "meme coin" in the market.
XRP (Ripple): A cryptocurrency focused on cross-border payments, with a highly volatile market position.
BNB (Binance Coin): The native token issued by Binance Exchange, benefiting from the exchange ecosystem.
Shiba Inu: A "meme coin" that rose by imitating Dogecoin.
Dash: A cryptocurrency characterized by privacy and fast payments, but has seen a decline in popularity in recent years, with its market position surpassed by emerging coins.#BTC挖矿难度创新高
What exactly is the value of Bitcoin? Since a person named Satoshi Nakamoto invented Bitcoin in 2008. The price of each Bitcoin started to soar. From the initial 0.05 yuan in 2009. It skyrocketed to 440,000 yuan in 2021. This year, it even broke through 100,000 USD. Approaching 110,000 USD. The highest increase has exceeded 14.4 million times. There have been many ups and downs during this period. It's such an intangible thing. Even the form of the inventor is unknown. Some say it solved the trust issue. But has it really been solved?
Bitcoin itself has no value; its value rises based on popularity. If more and more people believe in Bitcoin and start buying it, then Bitcoin will continue to appreciate. When the number of people reaches around 600 million, the total value of Bitcoin will reach 20 trillion dollars, which is equivalent to the total value of gold in the world today, thus elevating its status to that of gold. The advantage of Bitcoin over gold is its ease of trading without being detected, especially for countries under U.S. sanctions, like Russia, Iran, North Korea, and others, who particularly favor using Bitcoin for transactions. Trample 2.0 is approaching, and cryptocurrencies will shine because of it. Bitcoin reaching one million dollars each is a certainty.
When Meitu sold Bitcoin, it disrupted a major scheme of Bitcoin manipulation in the United States. It is said that Americans are quite embarrassed now, as Meitu's action led to severe market fluctuations and prices dropped significantly at one point. The U.S. has always wanted to regulate Bitcoin, but due to the decentralized nature of Bitcoin, they have never succeeded. Unexpectedly, Meitu's sale made people realize that Meitu actually holds considerable sway and influence in the Bitcoin market. Why are Americans so wary of Bitcoin? Is there a deeper financial game hidden behind this?
This sale by Meitu has attracted widespread attention in the global financial circle, with investors closely monitoring Meitu's subsequent actions. If Meitu continues to sell, the price of Bitcoin may further decline, which undoubtedly poses a risk of liquidation for those who are heavily leveraged. Once liquidated, the extent of the price drop will be difficult to estimate, and the market will face greater uncertainty.
In this context, investors need to be more cautious, closely watch market dynamics, and assess risks. Meitu's actions not only affected the price of Bitcoin but also prompted a reevaluation of the future of decentralized finance.
One reason is that there is a limit to the number of Bitcoins, with a maximum of only 21 million.
Once Bitcoin becomes a currency, it will inevitably fall into deflation. Imagine a society where Bitcoin is the currency; the prices of goods can only fall and cannot rise.
Can such a society still progress and develop?
Bitcoin inherently possesses deflationary characteristics, and for this reason alone, Bitcoin cannot become a currency.
Since Bitcoin cannot become a currency, what is the value of its existence? #加密ETF申请热潮涌现
1. Bitcoin suddenly accelerated its decline in the early morning, crashing near $93,000, causing 92,500 people worldwide to liquidate, with $241 million evaporating in an instant.
2. Options expiration, with massive contracts creating undercurrents $14.27 billion in options are expiring, and the $90,000 strike price is critical.
3. Exercising in-the-money options will bring strong buying pressure, while out-of-the-money options may release a torrent of selling. This is a complex financial logic that ordinary people simply cannot understand, so it should absolutely not be touched. It is very likely to lead to total ruin.
4. Is this plunge a halftime break or the prelude to a storm? Is it a natural market correction, or is there external manipulation at play? We don't know! I feel this is even more dangerous than the stock market; ordinary people cannot make money here, the risks are too high, and it should definitely not be touched. What does everyone think?
Who will collapse first in 2025, Bitcoin or Bitcoin speculators? MicroStrategy (NASDAQ: MSTR) has been the big winner this year; on the surface, it is a software company, but in essence, it is a Bitcoin speculator. It issues stocks and bonds to raise money from investors, then buys Bitcoin, hoarding Bitcoin, relying on the price increase of Bitcoin to boost its own stock price. A perfect speculative closed loop, as long as Bitcoin can keep rising 📈 However, Bitcoin, as a typical super-speculative asset, has historically shown extreme volatility, with declines of 50-90% not being uncommon. Recently, Bitcoin ETFs have started to see net outflows, as smart money takes profits at the peak. The peak stock price of MSTR was on November 21, after which Bitcoin peaked on December 17, but MSTR's stock price did not reach a new high, and it has already fallen 35% from its peak. This shows that MSTR's stock speculators have already sold off, leaving many retail investors confused in the wind. In 2025, it is uncertain how many retail investors and speculators will go bankrupt because of MSTR and digital currencies, jumping off buildings or into rivers. 400 years ago, Newton lamented after losing £10,000 in the South Sea bubble, saying, 'I can calculate the movements of the stars, but I cannot calculate the price of stocks.' Human greed and fear are the underlying genes of financial markets for centuries.