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#$BTC
Meitu's sale of 940 bitcoins shocks the US, hiding a major financial game behind it
The Federal Reserve urgently clarifies: We do not control the bitcoin market
This incident has really flustered the Americans! A few days ago, Meitu sold off 940 bitcoins in one go, cashing out 570 million yuan, which caught the Americans completely off guard. Although this amount of bitcoin is just a drop in the bucket in the entire market, this signal is not very good!
To be honest, the US response is quite amusing. As the biggest player in bitcoin, the moment they saw Meitu's 'liquidation' operation, they couldn't sit still. The Federal Reserve quickly jumped out to state: 'We do not hold bitcoin, nor do we control the market.' This sounds so familiar, doesn't it? It's like when playing games as a kid, someone loses and says, 'I wasn't even playing seriously.' In fact, everyone understands that bitcoin is a financial tool created by Americans, intended to link with the US dollar, but they don't want to bear the risks. Isn't this like trying to be both a father and a mother?
In short, bitcoin is just like the tulips and orchids from a few years ago, it's just a castle in the air. Without the support of the real economy, it relies entirely on everyone's 'belief' that it is valuable. Isn't this just everyone putting on a show together? What if, while performing, someone suddenly shouts, 'The emperor has no clothes!'?
Ethereum chain, MARVIN Martian Dog with tail number (7055) is surging in. Musk's beloved dog is shining in the blockchain
p͢u͢p͢p͢i͢e͢s͢ with tail number (6eb2) little puppy, no project party, community autonomous token!
Both Trump and Vitalik's wallets hold it!
On the Ethereum chain, 17,000 holders with a market value of just over ten million in the #meme sector are hot topics, you won't find another one! #Bitcoin market volatility observation $BTC
Meitu's sale of 940 bitcoins shocks the US, hiding a major financial game behind it
The Federal Reserve urgently clarifies: We do not control the bitcoin market
This incident has really flustered the Americans! A few days ago, Meitu sold off 940 bitcoins in one go, cashing out 570 million yuan, which caught the Americans completely off guard. Although this amount of bitcoin is just a drop in the bucket in the entire market, this signal is not very good!
To be honest, the US response is quite amusing. As the biggest player in bitcoin, the moment they saw Meitu's 'liquidation' operation, they couldn't sit still. The Federal Reserve quickly jumped out to state: 'We do not hold bitcoin, nor do we control the market.' This sounds so familiar, doesn't it? It's like when playing games as a kid, someone loses and says, 'I wasn't even playing seriously.' In fact, everyone understands that bitcoin is a financial tool created by Americans, intended to link with the US dollar, but they don't want to bear the risks. Isn't this like trying to be both a father and a mother?
In short, bitcoin is just like the tulips and orchids from a few years ago, it's just a castle in the air. Without the support of the real economy, it relies entirely on everyone's 'belief' that it is valuable. Isn't this just everyone putting on a show together? What if, while performing, someone suddenly shouts, 'The emperor has no clothes!'?
Ethereum chain, MARVIN Martian Dog with tail number (7055) is surging in. Musk's beloved dog is shining in the blockchain
p͢u͢p͢p͢i͢e͢s͢ with tail number (6eb2) little puppy, no project party, community autonomous token!
Both Trump and Vitalik's wallets hold it!
On the Ethereum chain, 17,000 holders with a market value of just over ten million in the #meme sector are hot topics, you won't find another one! #Bitcoin market volatility observation $BTC
#ChristmasMarketAnalysis Over the last 10 years, the price of Bitcoin (BTC) on Christmas has experienced many notable fluctuations. Below are some important price milestones on December 25th of each year:
2014: $318
2015: $430
2016: $900
2017: $14,302
2018: $4,021
2019: $7,266
2020: $23,760
2021: $50,888
2022: $16,849
2023: $43,254
These figures show that Bitcoin has experienced strong bull and bear cycles over the last decade. In particular, after each halving event (the reduction of the block reward), the price of Bitcoin often tends to increase significantly in the following 12 to 18 months. The nearest Halving event will take place in 2024, and it is expected to positively affect the price of Bitcoin in the near future.
Currently, the price of Bitcoin is around $95,194.
Some experts predict that the price of Bitcoin could reach $100,000 again by Christmas 2024
2014: $318
2015: $430
2016: $900
2017: $14,302
2018: $4,021
2019: $7,266
2020: $23,760
2021: $50,888
2022: $16,849
2023: $43,254
These figures show that Bitcoin has experienced strong bull and bear cycles over the last decade. In particular, after each halving event (the reduction of the block reward), the price of Bitcoin often tends to increase significantly in the following 12 to 18 months. The nearest Halving event will take place in 2024, and it is expected to positively affect the price of Bitcoin in the near future.
Currently, the price of Bitcoin is around $95,194.
Some experts predict that the price of Bitcoin could reach $100,000 again by Christmas 2024
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