#BTC突破8W大关
I don't have much confidence in this super market, nor do I think it will rise continuously. Just like the recent two waves of consecutive rising, I feel it's a bit precarious. It's the weekend now, and weekends are usually quite calm, with no major movements.
I remember there were only two instances of movements this year during the weekend, one was a big drop, falling from Friday to the weekend; the other was this one, rising continuously from Friday to the weekend. After the last big drop, it actually started to rise on Monday, so just because it has risen so much this time, it doesn't mean it will drop next Monday.
Personally, I feel that Bitcoin's market value is already very large now, unlike what some people think, believing it will rise like in 2021 when it first started to increase. They think this is just the beginning, but I believe that this market value is already significant. I don't think it can surge all at once. The higher the price, the more money those who are making profits will earn, which will strengthen their motivation to sell. You think about it, those who have held for a long time, especially some companies that started buying Bitcoin back in 2019, now have unrealized gains exceeding $10 billion.
During the weekend, whether you want to buy or sell, it's actually not the best time. It's better to choose Monday to Friday, when more people are trading and liquidity is good. If you want to buy, the price won't rise too much just because you are buying; the cost won't be too high. If you want to sell, the price also won't fall too much just because you are selling, and you can sell at a good price. So, with less fluctuation on weekends, I think there is a high probability it will drop a bit on Monday.
Recently, I plan to ambush a potential coin that is ready for a big surge; doubling it is quite simple. At the same time, I am also looking for some potential coins to hold until the end of the year, expecting a space of over 10 times is not a problem. If you want to keep up, leave a message, follow, like, and share freely.
