Last week, MicroStrategy bought 1,142 bitcoins, worth 90 million dollars. For the past two months, MicroStrategy has been buying bitcoins, with each purchase exceeding 1,000 bitcoins, which shows that its financial capability is completely fine. Everyone can dismiss the idea of it facing a crisis this year.
Today, Binance purchased another 4,225 $BTC, worth $299.6 million. In the past week, it has purchased a total of 10,455 BTC, worth $741.39 million. Institutions have started a new round of positioning, while most retail investors are still observing.
From the daily level of Ethereum, the candlestick starts to rebound from the bottom, welcoming three small consecutive bullish candles. However, it is about to touch the MA10 above, constrained by the short-term moving average. If the rebound cannot break through and stabilize above 2200, it is likely to face a second pullback. Therefore, it is not recommended to chase the rise near 2200 #以太坊 #ETH
MicroStrategy's cost for holding Bitcoin is 76000, and it is currently down about 7%. There were also losses in 2022, but MicroStrategy did not sell, and it probably won't sell this year either.
Bitcoin is expected to rise another 11% this month, and the price must stabilize above 78000 for the return on investment to be positive. Based on the performance of the last two weeks, it seems to be a bit challenging.
The U.S. Commodity Futures Trading Commission expands stablecoin regulations, allowing national trust banks to issue tokens pegged to the dollar under the GENIUS Act framework. The stablecoin market is about to explode, and new liquidity is coming in.
The acceptance of Bitcoin by American merchants continues to grow, and Bitcoin payments are bound to become mainstream in the future. With applications supporting it, the price will also rise accordingly. Therefore, this year, during the bear market, is the best opportunity for spot positioning.
From the 1-hour level, Bitcoin's candlestick chart shows a bottoming out and recovery, forming a V-shaped bottom rebound. However, the rebound is about to reach the MA60, which is the 70,000 mark. If it cannot break through and stabilize above 70,000, it may easily experience a pullback after a rise, leading to a second retest. Therefore, it is not recommended to chase the rise near 70,000. #BTC #比特币
In this round of market trends, many big whales have been liquidated. Previously, we saw the liquidation of James and Brother Ma Ji, and today, it was Yi Lihua's turn. Only by clearing the leverage of these big players can the market show signs of improvement.
In a bear market, accumulate USDT, and in a bull market, accumulate coins. It’s time to stock up on USDT again.
Recently, the price of USDT has rebounded by about 4%, making it the best hedging tool for spot trading. If you don't prepare USDT in advance, when another major crash occurs like on 3.12, 5.19, or 10.11, it will be hard to find USDT. It’s very difficult to buy USDT to catch the bottom immediately, so it's important to prepare your bullets in advance and have them ready to fire accurately when you want to catch the bottom.
The market value of Bitcoin has fallen to 14th place in 4 months, dropping from 5th to 14th, a decrease of 9 positions, with a market value evaporation of 1 trillion dollars. Money in the crypto world comes quickly and goes quickly, so when making money, one should cash out if needed, and use what one has earned.
Have a good New Year, patiently wait for the next Bitcoin halving, endure this year's deep bear market, the next three years will be an upward trend, layout during the bear market, harvest during the bull market
The entire financial circle is falling Gold has dropped from its peak, down 13% Silver has dropped from its peak, down 37% Nasdaq has dropped from its peak, down 5% A-shares have dropped from their peak, down 3% BTC has dropped from its peak, down 44% ETH has dropped from its peak, down 59%
According to Arkham reports, the Royal Government of Bhutan has sold another 184 BTC, worth 14.09 million dollars, as the market is not performing well, and everyone is selling their assets.
In the past few days, Vitalik Buterin has been continuously selling Ethereum, claiming it's for donations, but he has stablecoins in his wallet that he could donate directly, so it's obvious that this reason doesn't hold water. The founder is offloading his own tokens, and it's strange that the market isn't in a panic sell.
From the current trend of Bitcoin, it will continue the four-year bull-bear cycle, and according to the previous bull-bear cycles, the market will likely hit the bottom by the end of this year or early next year. In the face of such market conditions, the available long-term layout strategies are: 1. Regular investment in Bitcoin 2. Wait until the end of this year or early next year to gradually buy the dip in Bitcoin
Then hold until 2029, and Bitcoin will most likely break through 150,000, setting a new historical high, after which gradually exit.
In this round of the bull market, the altcoin season has not erupted.
In the next bull market, seasoned investors are expected to increase their allocation to mainstream value coins and reduce their holdings in altcoins, but new investors will still rush into altcoins as always, especially in the cryptocurrency space where myths of overnight wealth abound, everyone will feel like they are the next lucky one, and the final outcome will turn out to be that of a participant.